Crypto Market Booms: $53 Billion Surge in 18 Hours Driven by Institutional Flows and Policy Support

The cryptocurrency market experienced a dramatic surge over the past 18 hours, adding a staggering $53 billion in value. This rapid growth was fueled by significant inflows of assets into exchange-traded funds (ETFs), bolstered by institutional demand from major players like BlackRock and Fidelity. The surge is also attributed to supportive US policy shifts, including the development of a federal stablecoin framework. This positive momentum has seen Bitcoin reach new highs, exceeding $126,000, while Ethereum and Binance Coin have also seen significant gains.