Bitcoin Holds Steady Below $70K Despite $20B ETF Milestone

The crypto market is experiencing a period of consolidation after the recent surge in Bitcoin (BTC) prices. Despite the $20 billion milestone reached by Spot Bitcoin ETFs, the price of BTC remains below $70,000. This suggests that the inflows into these ETFs may have a delayed impact on the market. Market analysts believe that it typically takes a couple of days for the effects of ETF inflows to materialize. The lack of immediate price movement could be attributed to various factors, including profit-taking after the recent rally and overall market sentiment.