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Bitcoin Surges Above $43K for First Time Since May
The latest rally took bitcoin's year-to-date return to 48%, far exceeding the Standard & Poor's 18% gain.
Автор Bradley Keoun
The price of bitcoin rose above $43,000 for the first time since May.
As of press time, the largest cryptocurrency by market value was changing hands at around $42,901, up 4.9% over the past 24 hours.
The latest rally took bitcoin's year-to-date return to 48%, far exceeding the Standard & Poor's 18% gain.
Cryptocurrency traders and analyst say a risk-taking mood has returned to digital-asset markets after a bear market that saw prices fall below $30,000 from an all-time high in April near $65,000.
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From May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, with Ripple’s earlier reported XRP treasury plan still awaiting confirmation.
What to know:
- U.S.-listed spot XRP ETFs drew $11.88 million in net inflows on May 29, extending a week of gains even as bitcoin and ether funds saw continued redemptions.
- Total net assets in U.S. XRP ETFs now stand near $1.12 billion, with about $35 million added since May 20 while bitcoin and...
