The crypto market is on fire this week! 🌟 Bitcoin and Ethereum have been stealing the show with their explosive price movements. Let’s see what’s heating up the crypto market!
- **Bitcoin ETFs Are Making a Scene**: Inflows hit $6.2 billion this month, making investors excited. Donald Trump’s support for pro-crypto policies added to the optimism. Bitcoin’s price nearly touched $100,000 before stabilizing at $96,000, with a new support level at $91,000.
- **Ethereum Joins the Fun**: Up 5% to $3,600, Ethereum is making waves with $90 million in ETF inflows in four days. There’s been a rotation of capital from Bitcoin to Ethereum, indicating market diversification.
- **Bitcoin Futures Are Heating Up**: Open interest surged 56% to $60.9 billion. Optimism is rising, although volatility remains a concern.
The crypto market is poised to reach new heights. With a global capitalization of $3.4 trillion, the future looks bright. 🚀