Bitcoin (BTC), the dominant cryptocurrency, experienced a noteworthy surge in price, climbing by 2.27% in the past 24 hours. Presently valued at $70,822.92, Bitcoin’s lowest and highest values for the day were $68,564.64 and $71,247.57, respectively. This significant increase occurred amidst a backdrop of more than $600 million flowing into Bitcoin ETFs on June 4th, as reported by Farside Investors’ data. However, despite the recent authorization of a BTC ETF in Thailand, the digital token failed to maintain a breakthrough above the $71,000 mark, leading to speculation among investors.
