Crypto Markets Rally as Institutional Inflows Offset Geopolitical Tensions
The cryptocurrency market cap rose 1% to $3.24 trillion, with 87 of the top 100 tokens advancing. Bitcoin gained 1.2% to $92,483 while Ethereum edged up 0.5% to $3,155. The rally coincides with $645.57 million in combined inflows to US spot BTC and ETH ETFs this week.
Memecoins resurged as risk appetite returned, with PEPE and SHIB outperforming. Meanwhile, Vitalik Buterin's ZK-EVM roadmap announcement fueled Layer 2 optimism. PwC's deepening crypto involvement signals institutional validation.