Tuesday, November 19, 2024

Crypto Markets Rally After Bitcoin ETFs See $400M Of Every day Inflows

Bitcoin’s market capitalization approaches $1T, whereas Ether trades at $2,500.

It’s been a very good week within the crypto markets, with eight of the highest 10 tokens by market capitalization posting stable positive aspects over the previous seven days.

Bitcoin is presently buying and selling round $47,600 after briefly surpassing the $48,000 mark earlier right now, notching a ten.7% acquire on the week. Its market capitalization is approaching the trillion-dollar milestone, with Coingecko reporting it at $934B.

BTC Price chart
BTC Value

Ethereum is altering palms for $2,500, a 9% surge over the previous seven days. The community’s market cap has surpassed $300B on the time of writing.