Bitcoin has broken through the $67,000 resistance level for the first time in months, driven by unprecedented institutional demand through spot Bitcoin ETFs. BlackRock’s IBIT fund recorded its largest single-day inflow since launch, absorbing over 8,500 BTC in a single trading session. Analysts at major investment banks now forecast a potential run toward the all-time high of $73,000 before the end of the quarter. The surge has reignited retail interest, with Google searches for Bitcoin spiking 340% in the past week. On-chain data reveals that long-term holders continue to accumulate, with the percentage of supply held for over one year reaching an all-time high of 70%.
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