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<a href="https://optimisus.com/news/crypto-news/over-70-of-bitcoin-btc-supply-remains-unmoved-signaling-investor-confidence/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> has reached a milestone, hitting $38,000, marking its highest level since May 2022. Over the past week, the leading crypto has witnessed a 7% surge, and its 30-day gains stand at an impressive 10%.  
Investor interest in the crypto markets is on the rise, notably among major digital asset funds. This renewed enthusiasm is fueled by expectations surrounding the potential approval of a Bitcoin Exchange-Traded Fund (ETF) in the United States. The prospect of a regulated Bitcoin ETF could attract traditional investors to the crypto space.  
Last week, crypto products experienced a substantial influx of funds, with $176 million in inflows, according to data from CoinShares. This signals a growing interest and confidence in the crypto market.  
In tandem with Bitcoin's surge, Ethereum, the second-largest crypto, also reached a significant milestone. Ethereum touched an 18-month high, peaking at nearly $2,131 before settling around $2,121. This surge represents a remarkable 17% gain in the last 30 days, reversing a previous downward trend. 
The post <a href="https://optimisus.com/news/crypto-news/bitcoin-soars-beyond-38000-reflecting-growing-investor-confidence/" rel="noopener noreferrer nofollow">Bitcoin Soars Beyond $38,000, Reflecting Growing Investor Confidence</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

Bitcoin Soars Beyond $38,000, Reflecting Growing Investor Confidence

Optimisus

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