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Record inflows into Bitcoin spot ETFs are not enough to push Bitcoin above $63,500.
Bitcoin prices were little moved today as closely watched Federal Reserve interest rate cues kept cryptocurrency markets in check.
The announcement by cryptocurrency exchange Mt. Gox that it would begin paying back creditors about 10 years after the hack also had a negative impact on the market and depressed crypto asset prices.
US spot Bitcoin ETFs saw net inflows of $130 million. This was the largest inflow in the past three weeks.
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Nonetheless, Bitcoin has gained 0.3% over the past 24 hours to $62,000,850 amid continued uncertainty over the Federal Reserve’s impact on global markets.
The total cryptocurrency market value is $2.25 trillion, of which Bitcoin has a market value of $1.23 trillion and Ethereum has a market value of $412 billion.
The world’s largest crypto asset suffered significant losses throughout June, spending much of the second quarter in a trading range of $60,070,000.
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