Bitcoin (BTC) is approaching the $100,000 mark, currently priced just over $99,000, following a notable rise. The U.S. has witnessed over $1 billion in net inflows into spot BTC exchange-traded funds (ETFs), with BlackRock's IBIT leading at $600 million. Despite the strong demand and bullish long-term sentiment, a short-term pullback is expected. The overall crypto market capitalization has reached an all-time high of $3.4 trillion, bolstered primarily by Bitcoin's increase of 2% in the last 24 hours. Major altcoins like Ethereum (ETH) and Solana (SOL) have also seen significant gains, with ETH up nearly 9% and SOL increasing 8%. XRP surged 25% as changes in SEC leadership raised optimism. Traders anticipate continued demand, citing easing monetary policy from central banks.

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