Bitcoin Rises Above $79,000 as ETF Inflows Stay Positive

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Bitcoin rose 2% to $79,110 early Monday, while Ethereum gained 3% to $2,388 and Asian equities mostly traded higher. SoSoValue data showed U.S. spot bitcoin ETFs recorded $823.7 million of inflows last week, marking a fourth straight week of positive flows. Analysts said subdued geopolitical tensions, stronger risk appetite, and attention on the April 29 Federal Reserve decision were shaping sentiment.

BTC-0.37%
ETH-0.66%
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