Crypto Price Prediction: Following the completion of the fourth Bitcoin Halving, the crypto market witnessed a renewed recovery sentiment among investors. The altcoin markets are soaring as Bitcoin’s rebound to over $65K has enabled profits to be channeled back into more speculative cryptocurrency assets.
Since last week, the Bitcoin (BTC) price is up 4% to trade at $66131, while the Ethereum (ETH) price jumped 1.5% to reach $3166. Other top altcoin such as Binance coin (BNB), Solana (SOL) and XRP showed over 10% weekly gain.
Moreover, the buying interest in US-listed Bitcoin ETFs surged again as Wu Blockchain highlights that the total net inflow for Bitcoin spot ETFs as noted by SoSoValue was $62.089 million on April 22. Grayscale’s Bitcoin Trust (GBTC) experienced a single-day net outflow of $34.993 million. On the other hand, Fidelity’s Bitcoin ETF (FBTC) saw a significant single-day net inflow of $34.8334 million. Moreover, the cumulative net inflow for Bitcoin spot ETFs has
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