DarkenBiz
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The crypto market is kicking off the week with a strong upward move.
₿ Bitcoin broke past the $84,000 mark today, continuing its recovery from the recent correction.
Ethereum is also showing strong momentum—ETH has risen above $2,700. Meanwhile, Solana has hit a seven-month high.
But there is another interesting signal.
For the first time in 45 weeks, Bitcoin has risen above its 50-week moving average.
For technical analysts, this is a key level, as it is often used to gauge the long-term direction of price action.
This rally is taking place alongside a return of capital to US Bitcoin ETFs; on Friday, they saw approximately $433 million in net inflows.
Here is the current picture:
BTC — above $84,000
ETH — above $2,700
SOL — 7-month high
Bitcoin ETFs seeing capital inflows again
After a few tough weeks, the crypto market has clearly come back to life.
The big question now: is this the start of a new growth phase, or just another strong rebound following a correction?
We’re keeping a close eye on the market.
₿ Bitcoin broke past the $84,000 mark today, continuing its recovery from the recent correction.
Ethereum is also showing strong momentum—ETH has risen above $2,700. Meanwhile, Solana has hit a seven-month high.
But there is another interesting signal.
For the first time in 45 weeks, Bitcoin has risen above its 50-week moving average.For technical analysts, this is a key level, as it is often used to gauge the long-term direction of price action.
This rally is taking place alongside a return of capital to US Bitcoin ETFs; on Friday, they saw approximately $433 million in net inflows.
Here is the current picture: BTC — above $84,000 ETH — above $2,700 SOL — 7-month high Bitcoin ETFs seeing capital inflows againAfter a few tough weeks, the crypto market has clearly come back to life.
The big question now: is this the start of a new growth phase, or just another strong rebound following a correction?
We’re keeping a close eye on the market.
