Despite starting September facing a dip to around $107,256, Bitcoin (BTC) has unexpectedly surged upward, defying market expectations. While altcoins remain hesitant to reach their desired highs, the stability of BTC’s current trajectory suggests that downward projections may not hold. Analysis on ETF flows and the current cryptocurrency market landscape provides valuable insights into this dynamic shift. 20 days since the all-time high above $124,000, Bitcoin has witnessed lower peaks, a signal that requires further upward action from bulls to reclaim critical support levels like $112,500 and $118,000. The positive trend in ETF inflows of $332 million adds to the bullish sentiment as institutional investors seize opportunities at current prices. This trend is mirrored by the broader market where stock markets experienced a recovery following Alphabet’s earnings reports, with gold reaching a record high, and Nasdaq 100 futures gaining 0.7%. Conversely, Nvidia continues its volatile pattern, with a decline in share price, and Ethereum’s performance has been hampered by continued weakness in altcoins. While the recent ETH ETF outflow of $135 million was not catastrophic compared to past bullish periods, it does point towards a potential downturn for cryptocurrencies in September. The post Bitcoin Rallies, Surprises Crypto Markets with Unexpected Turn appeared first on COINTURK NEWS.