Bitcoin jumps 5 percent, passes 85,000 dollars as inflow lifts market
- Bitcoin jumps five percent past 85,000 dollars, driven by spot Exchange-Traded Fund ETF inflows and institutional buying.
- Market analysts expect strong price resistance near 89,500 dollars during current trading cycles.
- Higher futures open interest signals elevated price volatility if heavy spot buying stops.
- The asset trades below previous peak levels and experiences sharp swings in both directions.
Source: economictimes.indiatimes.com
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