Bitcoin Rallies 10%, Global Crypto Market Cap Hits $3 Trillion

Bitcoin has rallied by 10% to reach $85,398.14 this week, driven in part by ETF inflows nearing $999 million.

The global crypto market cap increased by 4.0% to $3.01 trillion over the past 24 hours, with Ethereum also experiencing a significant gain of 9.2% to $2,727.81.

A notable player in the market, Strategy, has purchased 950 BTC, increasing its holdings to approximately 846,000 BTC and resulting in an $8.2 billion unrealized gain.