The cryptocurrency market grew by 11% in just 12 hours

The cryptocurrency market has shown a significant jump, rising by 11% overnight and returning to the $ 2 trillion level. Currently, according to the analytical tracker CoinMarketCap, its value is $ 2.14 trillion. Bitcoin BTC $74,778.43 Bitcoin 1.47% Market capitalization $1.48 trillion VOL. 24 hours $3.98 billion became the leader of the value growth , having once again surpassed the $ 61,000 mark, which indicates a renewed confidence of investors.

US exchange-traded funds (ETFs) played an important role in this, purchasing 3,376 bitcoins. This was particularly impressive for crypto market players, given that only about 450 bitcoins are mined daily. Such actions underscore the strong demand for the main crypto asset among investors.

Total net capital inflows amounted to $ 194.6 million, with BlackRock raising $ 157.6 million, Fidelity Wise Origin Bitcoin Fund raising $ 65.2 million, and WisdomTree Bitcoin Fund raising $ 118.5 million.

At the same time, Grayscale Bitcoin Trust experienced a significant capital outflow of $ 182.9 million, which may indicate changes in market sentiment.

With the recovery of the crypto market, the growing interest of investors and increased demand from retail buyers in the cryptocurrency space is clearly visible, experts say. This indicates the strengthening of cryptocurrencies' positions in the financial markets and their further development.