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Bitcoin price today climbed above $71,000 in the early hours and is currently trading around $71,600 at the time of writing. On the other hand, the recent surge in meme coins and AI coins seems to have further fueled investors’ clear bullish expectations ahead of the halving. Meanwhile, Ethereum (ETH) price has risen above $4,000 for the first time since 2021.
Cryptocurrency Market Report
CoinShares released a weekly report indicating a record. Inflows over the past 7 days were calculated at $2.7 billion, setting a record.
The previously seen reserve size of $67 billion was once again surpassed, and cryptocurrency funds reached a new ATH (All-Time High) level of $94.416 billion.
During this period, inflows from the United States were again at the top. Notable inflows were also seen from investors in Canada, Germany, Switzerland, and Sweden. Noteworthy inflows into Bitcoin, ETH, Solana, and LTC were observed during this time.
The Latest on Bitcoin
Bitcoin’s price surpassed $70,000 and then $71,000 in recent hours. Following the price increase, charts showed a peak of $71,600.
On the other hand, meme coins that made headlines last week seem to be on the rise again today after their recent decline. Among the altcoins that made an impact last week, only WIF was seen to have a price drop.
