Cryptocurrencies price prediction: Bitcoin, cryptos & gold – American wrap 12 May

Bitcoin (BTC) saw a peak of 105,450 USD before dropping to 101,400 USD. Bitcoin ETFs received 867 million USD in net inflows, with a strategy buying an additional 13,390 BTC for 1.3 billion USD.

The overall cryptocurrency market capitalization is about 3.5 trillion USD, down by 0.7%. Bitcoin has shown a bullish trend, outperforming gold in recent weeks, signaling a positive market sentiment.

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