Bitcoin rises to $79,110, ETF inflows reach $823.7 million

According to The Block, Bitcoin rose 2% in the past 24 hours to $79,110, and Ethereum rose 3% to $2,388. Asian stock markets generally traded higher in early Monday trading, with the Nikkei 225 Index up 1.4% and South Korea’s Kospi Index up 1.9%. Last week, US spot Bitcoin ETFs saw a net inflow of $823.7 million, marking the fourth consecutive week of positive inflows. The Crypto Fear & Greed Index rose from 29 to 47, turning neutral. Zeus Research analyst Dominick John stated that the market’s rise is driven by ETF capital inflows and technical breakouts, while easing geopolitical tensions have reduced risk-averse sentiment.