Crypto Markets Explode: Bitcoin Hits New Highs, Altcoins Follow

The cryptocurrency market experienced a surge today, driven by the absence of US employment data. Data from ETFs over the past week indicates growing risk appetite among investors. Yesterday, Bitcoin exchange-traded fund (ETF) saw significant inflows, with a net inflow of $627 million, following a record $675 million in the previous day. This trend has extended to altcoins as well. Bitcoin (BTC) broke above $4,500 today and is currently trading near its all-time high, exceeding $122,366 per coin.