Bitcoin rises nearly 23%, trading near $78,000 amid ETF inflows
Business
Bitcoin just shot up nearly 23% this week, trading close to $78,000.
The rally is fueled by strong investor vibes, $1.45 billion flowing into crypto ETFs over four days, and a weaker US dollar making crypto look even more appealing.
Ethereum surges 29.7%, market cap $2.53T
It's not just Bitcoin: Ethereum jumped 29.7%, and coins like BNB, XRP, Solana, and Dogecoin saw gains up to 56.3%.
The total crypto market cap climbed from $2.2 trillion to $2.53 trillion in a week.
Analysts say breaking past big resistance levels is keeping momentum high, even as some long-term holders cash out.