The post Bitcoin Surges Past $64K Amid Market Optimism and ETF Inflows appeared on BitcoinEthereumNews.com.

The crypto market witnessed significant movements today, with Bitcoin reaching an impressive milestone of $64K. Ethereum and Solana have seen substantial gains, aligning with the prevailing bullish sentiment in the market. A recent influx of funds into crypto ETFs has further bolstered investor confidence, leading to price surges. Explore the latest trends and price movements in the cryptocurrency market, highlighting key gains and notable developments across major coins like Bitcoin, Ethereum, and Solana. Bitcoin Surpasses $64K Amidst ETF Inflows and Market Optimism The cryptocurrency market today is abuzz as Bitcoin (BTC) touched $64,024, reflecting nearly a 3% increase over the past 24 hours. This upward trajectory aligns with the influx of $158.21 million into spot Bitcoin ETFs. BTC’s market cap now stands at $1.25 trillion, maintaining its dominance in the market despite a slight decline to 57.28%. Intriguingly, Whale Alert data revealed that a dormant Satoshi-era wallet has been reactivated, adding to the bullish sentiment surrounding Bitcoin. Ethereum and Solana Lead Altcoin Surge Ethereum (ETH) has experienced a notable 6% rise, trading at $2,540. This rally is consistent with broader market trends and is supported by $5.24 million in Ethereum ETF inflows. Noteworthy is the movement of 1.3K ETH by co-founder Vitalik Buterin, which has added a layer of speculation in the market. Simultaneously, Solana (SOL) has surged 4% to $144, buoyed by the strong performance of associated tokens like MEW and FIDA. Mixed Performance Among Other Major Cryptocurrencies XRP displayed turbulent behavior, with a modest 0.3% increase to $0.5877. Its market cap stands at $33.16 billion. Meanwhile, popular meme coins, including Dogecoin (DOGE) and Shiba Inu (SHIB), showed gains of 1.5% and 3%, respectively. Meme coins like PEPE, WIF, and FLOKI also noted substantial increases, ranging between 4%-6%, reigniting investor interest in this segment. Notable Gainers and Losers in…

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Filed under: News - @ September 20, 2024 5:21 am