Investor confidence in BTC rally grows: XS.com

Bitcoin is trying to consolidate above the 52K level at the beginning of the new week, after recording the highest weekly close since November of 2021, which represents the fourth consecutive week of gains.

Bitcoin's gains came with positive net inflows of more than $2.2 billion during the past week, while outflows from GBTC continued to decline slightly to reach $624 million in the same period.