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Crypto

Bitcoin ETFs Fuel $3B Streak as Crypto Market Sees Surge

Guavy AI Editorial Team
Instruments
BTC
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The Bitcoin ETF market has continued to attract significant investment, adding $242 million in recent days and extending its streak to over $3 billion. This trend follows an eight-day period where net inflows into spot ETFs totalled $2.8 billion.

Bitcoin itself is trading around $79,520 and has seen a 11% gain over the week, driven by investor confidence in the cryptocurrency market.

The surge in Bitcoin's price comes as several top altcoins have also risen significantly, with 19 of the top 20 altcoins increasing more than 12% between August 18 and 25. This breakout run is a positive sign for the overall crypto market.

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