Bitcoin Soars to $100K Amid Market Surge
- Bitcoin reached a price of $101,173, marking a 3% increase in 24 hours.
- The global crypto market cap rose by approximately 2%, reaching $3.59 trillion.
- Ethereum traded at $3,685 with a market inflow of $4.6 million from ETFs.
- XDC Network saw an 8% gain, trading at $0.102.
The surge in Bitcoin’s price to over $100K could attract increased institutional investment, as evidenced by the significant ETF inflows into Ethereum. This trend may prompt regulatory bodies to scrutinize crypto markets more closely due to heightened financial stakes and market influence.
