Ethereum

Rally

Bitcoin

Gains

<ul class="news-points"> 
 <li>Bitcoin surged to $64,000 on Wednesday as Ethereum climbed above $3,400.</li> 
 <li>CoinGlass data shows investors have injected $9.87 billion into the ETFs and other BTC exchange-traded products.</li> 
 <li>Many believe Bitcoin is benefitting from significant capital inflow into ETF products.</li> 
</ul> 
<a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/">Bitcoin</a> surged to $64,000 on Wednesday, and Ethereum climbed above $3,400 amid increasing bullish sentiments. According to CoinGlass data, yesterday’s rally pushed Bitcoin’s monthly returns for February to 47.28%, marking the highest February gain since 2014. 
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 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> Monthly returns(%) Best February since 2014 with +47.28% gain. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/X5PsVkpePm" target="_blank" rel="nofollow">https://t.co/X5PsVkpePm</a> <a href="https://t.co/Tlx2PjfDVN" target="_blank" rel="nofollow">pic.twitter.com/Tlx2PjfDVN</a>— CoinGlass (@coinglass_com) <a href="https://twitter.com/coinglass_com/status/1763135446916485354?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 29, 2024</a>
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According to data from CoinMarketCap, the total crypto market cap was $2.32 trillion at the time of writing, growing by 5.09% in the last 24 hours. Based on current valuation, <a href="https://coinedition.com/ethereum-vs-bitcoin-use-cases-technical-differences-scaling-issues/">Bitcoin and Ethereum</a> account for over $1.6 trillion, reflecting nearly 70% of the global digital assets capitalization. 
Notably, the surge in the past 24 hours means Bitcoin has gained 5.88% over the period, judging by its price of $62,740 at the time of writing, according to <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow">data</a> from …
The post <a href="https://coinedition.com/bitcoin-and-ethereum-rally-as-crypto-market-cap-gains-5-09-in-24-hours/">Bitcoin and Ethereum Rally As Crypto Market Cap Gains 5.09% in 24 Hours</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin and Ethereum Rally As Crypto Market Cap Gains 5.09% in 24 Hours

Coin Edition

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