The cryptocurrency market is experiencing a broad-based rally, with total capitalization hovering around $2.8 trillion, its highest level in over seven months. Bitcoin is trading above $81,000, up more than 25% over the past month, while Ethereum approaches $2,500 with monthly gains exceeding 30%. XRP hovers around $1.45 and Solana breaks above $100 after surging approximately 40% in thirty days. US spot Bitcoin ETFs recorded $730.8 million in net inflows on September 3, with $454 million going to BlackRock’s IBIT, signaling a return of institutional demand. To confirm a durable bull run, Bitcoin must sustainably break through the $82,000 to $83,000 resistance zone.
Source: Read the original article
