The post Crypto Market Surges 11%, Reclaiming $2T as Bitcoin Blasts Past $61K appeared first on Coinpedia Fintech News
The crypto market made a significant move overnight, surging 11% to reclaim the $2 trillion level, now standing at $2.105T. Bitcoin led the charge, crossing $61K once again, reflecting renewed investor confidence. At the same time, U.S. Bitcoin ETFs made headlines by acquiring 3,376 BTC—an impressive feat given that only 450 Bitcoins are mined daily.
The total net flow reached $194.6 million, with IBIT leading at $157.6 million, followed by FBTC at $65.2 million and BTCW at $118.5 million. Meanwhile, GBTC experienced a substantial outflow of $182.9 million, signaling potential shifts in market sentiment. With this recovery, the increasing investors’ interest and rising retail demand are evident within the crypto space.