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#BTC stands on $48K, more pump? Bitcoin is on track to reach $50,000, fueled by significant capital inflows into various Bitcoin ETFs.Bitcoin Aims for $50,000 as Strong Capital Inflows into ETFs
The trajectory of Bitcoin's price closely aligns with the robust performance and substantial capital influx into ETFs. On February 9, the last trading day of the week, the price surged to $48,200, marking a nearly 6% increase over the course of seven days. This positive trend indicates that Bitcoin approaching the $50,000 milestone is increasingly plausible in the near future, supported by the strong and sustained performance of Bitcoin ETFs.