The Spot Bitcoin ETFs experienced an enormous net inflow of $827 million on Tuesday. This significant financial movement contributed to pushing Bitcoin's price close to its all-time high of $73,800. Although briefly rising, the price has since retracted and has settled around the $72,000 mark.
There is speculation over whether Bitcoin's price will continue to increase and surpass the previous record high or if it will first experience a retracement in value. The market is closely watching this development, anticipating its next financial maneuver.
