Bitcoin Nears $100K, With Crypto Market Cap at Record $3.4T (CoinDesk)

“Bitcoin (BTC) prices are a little over 1% away from reaching a landmark $100,000, close to 15 years after the asset was first issued.

BTC prices spiked above $99,200 early Friday, dipping to $98,600 before holding over $99,000 in Asian afternoon hours. Overall market capitalization stands at a record $3.4 trillion, adding 4.5% in the past 24 hours, mainly on BTC’s 2% jump (BTC is over 56% of the total market cap).

Spot BTC exchange-traded funds offered in the U.S. recorded over $1 billion in net inflows, data shows, led by BlackRock’s IBIT at $600 million in purchases. Fidelity’s FBTC recorded over $300 million inflows, with no outflows from any of the eleven ETFs.” (CoinDesk)

Read the full article here.

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