BTC price action reaches two-week highs as Bitcoin ETFs see a fresh surge of interest in the U.S. while other jurisdictions prepare to follow suit.
Bitcoin traded at two-week highs on June 5 as analysis tied BTC price upside to fresh institutional interest.
Data from Cointelegraph Markets Pro and TradingView showed Bitcoin (BTC) hitting local highs of $71,286 on Bitstamp after the daily close.
Bulls managed to hold gains during the Asia session, with the Wall Street open now in focus after a “strong bid” accompanied the start of the United States trading week.