This Week in Bitcoin: Volatility Rises as ETFs Rebound and SEC Gives OK to Mining
Portfolio Pulse from
Bitcoin remained relatively stable at $84,150 this week, experiencing minor fluctuations. The cryptocurrency saw renewed investor interest with over $734 million flowing back into Bitcoin ETFs. The SEC clarified that proof-of-work mining operations do not require securities registration, and BlackRock's digital asset head challenged the 'risk-on' asset perception.
March 22, 2025 | 2:30 pm
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NEUTRAL IMPACT
Bitcoin price remains around $84,150, with minimal weekly movement. ETF inflows and SEC clarity provide some market support.
Bitcoin's price is relatively unchanged, with mixed signals from ETF inflows, Fed comments, and ongoing market volatility. The SEC's mining clarification and BlackRock's commentary suggest a stabilizing environment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100