Bitcoin Nears $100K, With Crypto Market Cap at Record $3.4T

Bitcoin (BTC) surged above $99,000 on Friday, nearing the $100,000 mark, with a 2% daily increase driving the crypto market’s total capitalization to a record $3.4 trillion.

U.S.-based BTC ETFs saw over $1 billion in net inflows, led by BlackRock ($600M) and Fidelity ($300M), with no outflows reported.

Other tokens also rallied, including Ethereum (ETH) up 9%, XRP soaring 25% following SEC Chair Gary Gensler’s resignation announcement, and Solana (SOL) hitting new highs above $260, Coin Desk has reported.

read more: https://www.coindesk.com/markets/2024/11/22/bitcoin-nears-100k-with-crypto-market-cap-at-record-34t/

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