Bitcoin Reaches New Highs as Market Cap Surpasses $2 Trillion

The cryptocurrency market witnessed a significant surge this week, reaching a staggering $2.9 trillion in trading volume, with Bitcoin price experiencing a historic climb. Reaching its upper high of $94,000 this week, the price has sparked excitement about potential future growth. Analysts attribute this bullish trend to growing digital asset inflows and a reduction in funding rates. 5 ETFs witnessed significant inflows, leading to a positive market momentum.