Bitcoin Surges to New ATH; $3.3B Inflows Fuel Cryptocurrency Investment

Cryptocurrency markets saw a significant surge last week, with Bitcoin (BTC) breaking new records and reaching an all-time high of over $111,000. This bullish momentum contributed to increased investment activity across the cryptocurrency landscape, including Ethereum (ETH). According to Coinshares’ weekly cryptocurrency report, inflows into cryptocurrency investment products reached a staggering $3.3 billion last week. This marks a record inflow for 2024, surpassing previous highs and reflecting continued investor confidence in digital assets.