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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Crypto Today: SUI rallies 20%, Bitcoin price tops $95K for first time in 60 days after Trump calls Xi Jinping :
Cryptocurrencies’ aggregate market valuation gains $300 billion in 24 hours, breaking past the $3 trillion mark.
Bitcoin price surges past the $95,000 level for the first time since February 25.
SUI and Solana’s Pudgy Penguins have emerged as top trending tokens.
Cryptocurrencies added $300 billion to their aggregate market cap oft $3 trillion on Friday. The market rally was largely driven by fresh updates in the US-China tariff trade war.
Following a volatile month that saw US stocks shed more than $10 trillion in value, US President Donald Trump announced a call with Chinese President Xi Jinping to discuss the ongoing tariff war.
Bitcoin market updates:
Bitcoin price broke above $95,000 on Friday, its highest level in 60 days.
Chart of the day: Bitcoin ETFs acquired 6.3% of total holdings this week
Despite cooling trade war rhetoric, Bitcoin ETFs continue to funnel in unusual volumes of inflows.
The Farside chart above shows that Bitcoin ETFs took in another $447 million of deposits on Thursday.
This comes after setting two new single-day inflow records with $936 million and $917 million on Tuesday and Wednesday, respectively. Total inflows for the week have now crossed $2.4 billion. For context, it implies that the ETFs acquired about 6.3% of their total $38 billion of BTC holdings in the last three days alone.
#BTC#