Overview

• Bitcoin reaches $67,000, its highest since April, driven by lower-than-expected inflation figures.
• Institutional interest in Bitcoin ETFs sees significant inflows, with BlackRock's IBIT receiving $94 million in a single day.
• Analysts predict Bitcoin could test its all-time highs of $74,000 due to growing demand and favorable market conditions.
• Ether and other cryptocurrencies also experience gains, reflecting broader positive sentiment in the crypto market.
• Market expectations suggest the Federal Reserve will hold interest rates steady, further supporting the crypto rally.