Bitcoin surpasses $77,000, driving altcoins like Ethereum and XRP higher amid rising exchange-traded fund inflows.
Bitcoin climbed above $77,000 on Friday, leading a broader cryptocurrency rally as inflows into exchange-traded funds accelerated. Ethereum and XRP followed, trading near $2,400 and $1.35, respectively.
The surge extends a week of gains, with Bitcoin up over 10% from its prior close. Analysts attribute the momentum to sustained ETF demand and reduced selling pressure from miners and long-term holders.
Cryptocurrency markets showed limited immediate reaction to the move, with liquidity remaining stable across major exchanges.