Bitcoin Surges Above $54,000 – The Defiant


ETH is trading above $3,150 as crypto markets continue to cheer positive ETF flows.

Markets are kicking off the week firmly in the green as Bitcoin trades above $54,000 for the first time since early December 2021.

The world’s most valuable cryptocurrency has rallied almost 30% in the past month on the back of continued inflows into spot Bitcoin ETFs, with investors adding nearly half a billion dollars on Thursday and Friday alone.

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Investor sentiment was further buoyed after longtime Bitcoin bull Michael Saylor revealed that Microstrategy purchased another $155 million worth of BTC last week.