Crypto Market Surges 30% Led by Bitcoin and Ethereum Institutional Inflows
The crypto market is experiencing a significant surge, driven by institutional inflows and bullish momentum. This upswing is particularly evident in the performance of major cryptocurrencies like Bitcoin and Ethereum, which have seen substantial gains. Bitcoin has surpassed the $100,000 mark, reaching new all-time highs and briefly hitting a record of $111,988.20 before a modest pullback. This volatility is characteristic of the crypto market, but the overall trend remains bullish, with Bitcoin’s price surging past $118,000.
The institutional influence on the crypto market is becoming increasingly evident. Bitcoin is emerging as a macro hedge amid tight monetary policy and geopolitical volatility. This shift is attracting more…
