The cryptocurrency market experienced a significant rally with total market capitalization rising 7.4% to $3.24 trillion. Major coins like Bitcoin and Ethereum posted strong gains, supported by Vanguard reopening Bitcoin ETFs, new UK legislation legally recognizing cryptocurrencies, and favorable market sentiment. Bitcoin is approaching the crucial $100,000 resistance, helped by increased ETF inflows and positive macroeconomic developments. The market sentiment is shifting from extreme fear to cautious optimism, paving the way for a potentially strong finish to the year.
Continue to read Crypto Markets Surge: Bitcoin Nears $100,000 Amid Positive ETF Moves and UK Legal Recognition
The cryptocurrency market experienced a significant rally with total market capitalization rising 7.4% to $3.24 trillion. Major coins like Bitcoin and Ethereum posted strong gains, supported by Vanguard reopening Bitcoin ETFs, new UK legislation legally recognizing cryptocurrencies, and favorable market sentiment. Bitcoin is approaching the crucial $100,000 resistance, helped by increased ETF inflows and positive macroeconomic developments. The market sentiment is shifting from extreme fear to cautious optimism, paving the way for a potentially strong finish to the year.
Continue to read Crypto Markets Surge: Bitcoin Nears $100,000 Amid Positive ETF Moves and UK Legal Recognition
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