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Crypto Market Cap Surges Past $2 Trillion Amid Bitcoin and XRP ETF Inflows

Guavy AI Editorial Team
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The global crypto market cap climbed to $2.18 trillion on August 3, a 1.23% intraday jump according to CoinMarketCap data.

Bitcoin traded at $63,606.89, up 1.63%, with its market cap sitting at $1.27 trillion and $26.82 billion in 24-hour volume.

The major hardware wallet hack and Michael Saylor's reassurance that his firm has no plans to sell its Bitcoin may have contributed to the positive mood.

Bitcoin spot Exchange Traded Funds (ETFs) saw net inflows of $170.09 million, led by BlackRock's IBIT at $111.43 million, with seven out of thirteen funds recording inflows and none posting an outflow.

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