Bitcoin came close to $70,000 on Monday as a spurt of inflows into exchange-traded funds for the largest digital asset as well as optimism about the outlook for US regulations supported sentiment.
The cryptocurrency rose 1% before paring some of the gains to trade at $68,252 as of 8:32 a.m. in New York. Smaller tokens such as second-ranked Ether and top-10 coin Solana oscillated in narrow ranges.