Bitcoin
Crypto Market Gains Ground on Bitcoin ETF Inflows Before U.S. Inflation Data
The total crypto market rose 0.72% to near $2.20 trillion, with Bitcoin holding around $65,200 as institutional ETF buying supported prices ahead of Wednesday's inflation report.
The broader crypto market edged higher on Monday, with the total market capitalization climbing to approximately $2.20 trillion, a gain of roughly 0.72% from the previous day's close. Bitcoin remained near $65,200, supported by institutional demand channelled through spot Bitcoin ETFs. The piece suggests this buying activity provided underlying price support as investors positioned ahead of the forthcoming U.S. inflation data scheduled for Wednesday.
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