Bitcoin started the week on a strong note, rising above $70,000, with prices indicating a bullish outlook amid increasing correlation with the upcoming US elections, according to VanEck's Head of Digital Asset Research Matthew Sigel.

-BTC broke past $70,000 as the upcoming US elections continue influencing investor sentiment.

-VanEck’s Mathew Sigel suggested that Bitcoin’s trend appears bullish ahead of the elections.

-Crypto ETFs recorded net inflows totaling $901 million, spearheaded by Bitcoin ETFs.