$BTC

Cryptocurrencies extend the rise at the start of the week. Bitcoin (BTC) breaks the barrier of 95,000 dollars, and Ethereum (ETH) surpasses 1,800 USD after several very positive days for digital assets.

'Altcoins' are also mostly trading positively. Tokens like Binance Coin (BNB), Solana (SOL), Cardano (ADA), or Sui (SUI) register moderate increases, while XRP rebounds around 7% in the last 24 hours after the exchange-traded fund (ETF) issuer ProShares received approval for three Ripple token products.

Institutional demand for Bitcoin supported the rally of its price this week. According to SoSoValue data, the US spot Bitcoin ETF recorded a total inflow of 2.7 billion dollars by Thursday, the highest level of inflows since mid-December when Bitcoin first surpassed the 100,000 USD mark. If these inflows continue and intensify, Bitcoin prices could keep rising, according to the latest report from Buenbit.