Bitcoin Regains Perch Above $115,000 as Crypto Markets Rebound

In brief

  • Bitcoin is up around 1.3% in the last 24 hours, reclaiming $115,000 while Ethereum has jumped 2.8% and is above $3,600.
  • ETH ETFs regained inflows on Tuesday despite Bitcoin ETFs posting another day of outflows.
  • Analysts seem unfazed by the market movement, noting that dips are expected in bull markets.

Crypto markets rebounded on Wednesday, led by gains for Bitcoin and Ethereum which reclaimed $115,000 and $3,600, respectively. 

BTC recently gained 1.3% over the past 24 hours, while ETH has jumped 2.8% in that timeframe. 

The second largest crypto asset’s rise comes after Ethereum ETFs snapped a streak of two consecutive days of outflows by bringing in more than $73 million on Tuesday, according to data from Farside…

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