🚀 Bitcoin surpassed the $73,000 mark, thanks to an unprecedented influx of money into ETF funds. This brings peace of mind to investors after the price adjusted slightly earlier this week.

📈 On-chain momentum analysis shows that Bitcoin has a strong upward trend in the near future. According to CryptoQuant analyst, the UTXO P/L Supply Ratio Momentum index is growing for the third time, suggesting the market could expand.

🌟 Instant trading Bitcoin ETFs also recorded a new record. On March 12, total inflows into these funds reached $1.05 billion, with Blackrock's iShares Bitcoin Trust (IBIT) leading with $849 million, followed by ARK 21Shares Bitcoin ETF (ARKB) with $93 million and VanEck's HODL with $82.9 million.

🔥 This Bitcoin price increase is said to be different from previous ones. Bitcoin surpassed its old peak in 2021, ahead of the expected halving event in mid-April. The launch of Bitcoin ETFs trading directly on US stock exchanges is one of the biggest driving factors.