The crypto market experienced significant activity over the last 6 hours, highlighted by Bitcoin (BTC) reaching new all-time highs, with some reports indicating it surpassed $125,000. Crypto investment products recorded massive inflows of $5.95 billion, signaling robust institutional interest. Altcoins like BNB surged over 4.7% to new ATHs above $1,200, while XRP showed strong transaction volume and analyst predictions for major breakouts, despite its price being down 6% over the last 30 days. Institutional adoption continues to expand with BlackRock integration and Grayscale activating staking for ETH and SOL ETPs.
Key Developments
- Bitcoin (BTC) achieved new all-time highs, with some reports placing it above $125,000.
- Crypto investment funds saw record inflows of $5.95 billion, driven by BTC and ETH rallies.
- Institutional adoption expanded with Talos integrating with BlackRock's Aladdin and Grayscale enabling ETH and SOL staking for ETPs.
- BNB surged over 4.7% to new all-time highs, breaking the $1,200 mark.
- XRP demonstrated high transaction volume and received bullish price predictions from analysts, targeting $9 to $60.
Next 6 Hour Outlook
The market may see continued momentum from institutional inflows and Bitcoin's ATH, though some analysts suggest caution for the immediate future.