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Bitcoin Trades Near Two-Week High as Crypto Investor Sentiment Improves

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Bitcoin traded near $63,000 on Monday after spot Bitcoin ETFs snapped a multi-day outflow streak, and improving on-chain indicators strengthened investor sentiment. Major altcoins also advanced as the broader crypto market recovered from last week’s weakness. Analysts, however, cautioned that upcoming US inflation data, Federal Reserve minutes, and resistance near $64,000 could determine whether the rally extends further.

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