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International Business Times

Business

Marvie Basilan

Bitcoin Breaks Above $65K On $BTC ETF Inflows, Improving Regulatory Outlooks

Bitcoin Larry Fink BlackRock ETF Crypto SEC

Is Bitcoin Uptober still in? (Credit: Marco Verch/flickr)

KEY POINTS

US spot $BTC ETFs hauled in $555.9 million on Monday, led by Fidelity's $FBTC
BlackRock's Larry Fink had positive words for Bitcoin during the asset manager's Q3 earnings call
Some analysts said there are growing signals the US regulatory environment will be more positive after Nov. 5

Bitcoin had a good run Monday as the world's largest cryptocurrency by market cap broke above $65,000, at one point hitting $66,000, its highest price yet in over two weeks.

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