ETH is buying and selling above $3,150 as crypto markets proceed to cheer constructive ETF flows.
Markets are kicking off the week firmly within the inexperienced as Bitcoin trades above $54,000 for the primary time since early December 2021.
The world’s most precious cryptocurrency has rallied virtually 30% up to now month on the again of continued inflows into spot Bitcoin ETFs, with buyers including practically half a billion {dollars} on Thursday and Friday alone.
Investor sentiment was additional buoyed after longtime Bitcoin bull Michael Saylor revealed that Microstrategy bought one other $155 million value of BTC final week.
In the meantime, Ether rallied to a brand new yearly excessive of $3,166 and is at present altering fingers for $3,130.
Solana’s SOL bounced sharply off the in a single day low and is up practically 9% up to now few hours.
Different notable movers embody Polygon’s MATIC, which rallied 9% to a two-month excessive of $1.07.
Lido’s LDO, ApeCoin and NEAR are additionally up between 8% and 10% on the day.
