Bitcoin Nears $100K Amid Market Optimism
- Bitcoin surged past $97K, marking a 3.6% daily increase.
- Total cryptocurrency market cap rose to $3.81 trillion, with a 15.7% spike in trading volume.
- Altcoins like SUI and Monero posted gains of 17% and 21%, respectively.
- 83% of traders expect Bitcoin to hit $100K this year, according to a recent poll.
- Bitcoin ETF inflows reached $2-3 billion over eight consecutive days starting April 16th.
The cryptocurrency market is experiencing significant growth, with Bitcoin nearing the $100K mark and altcoins showing strong performance. The total market cap has increased to $3.81 trillion, driven by substantial ETF inflows and optimistic trader sentiment.
Source (2.6)https://insights.santiment.net/read/this-week-in-crypto-traders-eyeing-100k-bitcoin-this-week-in-crypto-summary-may-1-8652
