The Zhitong Finance App learned that Bitcoin continued its strong rebound this week. It once surged 9.4% during the intraday session on Friday, hitting a high of $79,500, and the cumulative increase this week increased to about 23%. If this increase continues until the end of the week, Bitcoin will record its best weekly performance since March 2023. At the same time, the reinflow of US spot Bitcoin ETF funds, the continued forced liquidation of bears, and favorable cryptocurrency policies released by the US government all contributed to a rapid recovery in market sentiment.

The Zhitong Finance App learned that Bitcoin continued its strong rebound this week. It once surged 9.4% during the intraday session on Friday, hitting a high of $79,500, and the cumulative increase this week increased to about 23%. If this increase continues until the end of the week, Bitcoin will record its best weekly performance since March 2023. At the same time, the reinflow of US spot Bitcoin ETF funds, the continued forced liquidation of bears, and favorable cryptocurrency policies released by the US government all contributed to a rapid recovery in market sentiment.