Bitcoin's price has reached a five-week high, surpassing $67,400, its highest value in over a month. This surge was fueled by a decrease in US inflation rates and an increase in Bitcoin ETF inflows. Despite a slight retracement, Bitcoin's market cap has grown to $1.320 trillion, with its dominance over altcoins slightly down to 51.6%.

Ethereum, the second-largest cryptocurrency, has also seen significant gains. After struggling to decisively reclaim the $3,000 mark in recent weeks, Ethereum finally broke through this resistance level, reaching over $3,100 for the first time in over a week.

The overall crypto market cap has increased by approximately $20 billion overnight, now standing at $2.560 trillion. These developments indicate a promising outlook for the DeFi and BRC 20 market, reflecting the growing optimism in the blockchain industry.