Bitcoin Cash

Solana

Bitcoin

when

<a href="https://optimisus.com/news/crypto-news/bitcoin-spot-etfs-reaches-2-4b-in-trading-volume/" rel="noopener noreferrer nofollow">Bitcoin's (BTC)</a> price soared over $57,000 following several days of trading aimlessly between $51,000 and $52,000, hitting to a 26-month high.  
The last time the largest crypto by market cap hit $57,000 was in November 2021 when the price hit an all-time high of around $69,000.  
Bitcoin jump also triggered surge in alternative coins. Cryptos like Solana (SOL) and Bitcoin Cash (BCH), also saw huge rises, with SOL surpassing $110 and BCH reaching $300.  
Despite a quiet 7-day period last week, BTC's bull run restarted on Monday afternoon, with the price surging to over $53,500.  
It is noteworthy that Bitcoin subsequently surged even more during the early Tuesday, <a href="https://optimisus.com/news/crypto-news/bitcoin-hits-57k-up-over-10-in-24-hours/" rel="noopener noreferrer nofollow">topping $57,000</a> for the first time since late 2021.  
Currently, BTC is slightly above that amount, heading towards $60,000. In addition, its market capitalization has climbed to more over $1.1 trillion on CoinMarketCap. Its dominance over other coins has also climbed by 1.4%, to over 49.5%. 
The post <a href="https://optimisus.com/news/crypto-news/crypto-markets-sees-over-150-billion-inflow-as-bitcoin-price-soars-above-57k/" rel="noopener noreferrer nofollow">Crypto markets sees over $150 billion inflow as Bitcoin price soars above $57K</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

Crypto markets sees over $150 billion inflow as Bitcoin price soars above $57K

Optimisus

Other articles published on Feb 28, 2024

Bitcoin (BTC) Breaks Above $60k as Meteoric Rise Signals Market Confidence

OKX Forays Into Turkey to Tap Into Growing Crypto Market

Bitcoin Prices Break Above A Supertrend, Analyst Now Expects A BTC “Mania”

Ripple Faces New SEC Deadline Extension Request

DeFi Ecosystem Thrives with Surging Value Despite Market Challenges

Jamaica Tackles Adoption Hurdles for JAM-DEX Digital Currency

Join our free newsletter for daily crypto updates!