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Bitcoin Surges Past $80K on Institutional Demand

Guavy AI Editorial Team
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BTC ETH SOL XRP
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Bitcoin surpassed $80,000 as institutional demand for cryptocurrencies surged. The total crypto market cap reached approximately $2.68 trillion after growing by 2.05% over the last 24 hours.

Institutional inflows into U.S. spot Bitcoin ETFs were significant, with BlackRock's IBIT dominating with $208.9 million in new capital. Fidelity's FBTC attracted $104.6 million, and Bitwise reported another $3 million.

Ethereum (ETH) saw a 30% weekly gain, while Solana (SOL) added 6.57%, reaching approximately $100.54. XRP is hovering around $1.48, though its weekly growth has hit roughly 49%.

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