Bitcoin Surges Past $77,000 as Ether ETFs See Outflows Amid Easing Inflation Fears

Despite a 2% price increase to $2,470, U.S. spot ether ETFs experienced net outflows for the third consecutive day, losing around $39 million on Thursday.

This comes as Bitcoin topped $77,000, and Zcash gained by 10% to $1,488, drawing nearly $47 million into its sole U.S. fund.

The broader crypto market advanced alongside stocks and bonds as falling oil prices eased inflation concerns after the Federal Reserve raised interest rates, signaling a mixed but generally positive environment for crypto investors.