Bitcoin near $63,600 as ETF inflows lift crypto market
Business
Bitcoin is hanging out around $63,600, boosted by steady ETF inflows and big investors jumping in. In the last 24 hours, it's up 1.3%.
Ethereum also saw a bump of 1.67% to $1,723, while Solana and XRP climbed as much as 4.85%.
Overall, the global crypto market cap nudged up to $2.19 trillion.
Large investors buy 1,587 BTC
Crypto vibes are looking positive right now, thanks to easing global tensions and cheaper oil; investors are feeling less anxious about inflation.
Big players like Strategy just grabbed another 1,587 BTC, showing they're still confident in crypto's future.
Over the week, though, Bitcoin slipped a tiny bit (down 0.14%), but coins like XRP and Solana shot up to 19.37%, while Dogecoin and Cardano dipped slightly.