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Major cryptocurrencies' prices continued to rise over the past 24 hours, with Bitcoin breaking through $54,000 and Ether surpassing $3,100.

According to data from data platforms, Bitcoin increased by 2.8% in the past 24 hours, currently priced at $54,300; Ether rose by 3.7% to $3,150.

Other mainstream tokens also generally increased, such as BNB up 4%, XRP up 5.8%, and ADA up 3.2%.

Analysts believe that sustained inflows from institutional investors are the main driver of this round of rise. Data from a trading platform shows that institutional capital net inflow exceeded $1 billion over the past week.

At the same time, the continued popularity of Bitcoin ETFs has also injected momentum into the Marketplace. As of now, the total assets of 10 spot Bitcoin ETFs have exceeded $38 billion.

However, some analysts warn that the current market sentiment is overheated, and there may be a short-term pullback risk. Investors should remain cautious.
BTC0.17%
ETH0.59%
BNB0.71%
XRP3.18%
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CascadingDipBuyervip
· 23h ago
Hurry up and enter a position, I'm buying the dip and I'm about to throw up.
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Rekt_Recoveryvip
· 10-25 07:59
here we go again... survived 3 bear markets just to fomo at ath
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LiquidityWitchvip
· 10-25 07:44
the dark pools are whispering... ngmi if u dont follow the mystical signals rn
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