Bitcoin has hit the milestone of 97,000 USD, inching closer to the psychological barrier of 100,000 USD. This price increase is supported by strong institutional investment, particularly BlackRock’s fund reaching 43 billion USD, indicating robust market confidence.
Altcoins like Dogecoin, Sonic, Litecoin, and AERO are experiencing significant price rises. Factors such as increased social engagement and negative netflows from exchanges reflect a bullish sentiment among investors, setting the stage for further market expansion.
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