Is Bitcoin ready to reach new record levels after hitting a recent ATH? Let’s explore the latest crypto market news and trends for Oct. 6.
BNB jumped nearly 3% in the past day to hit a new ATH of $1,220 at 06:35 UTC on Oct. 6. This move pushed its market cap to $170 billion.
The token has climbed 60% in the last two months, and with growing FOMO, analysts see potential for a move toward the $1,500 mark as the next key target.
Want to learn more? Read our article.
US spot Bitcoin ETFs saw $3.24 billion in inflows last week. It is their second-best week on record.
From Sept. 29 to Oct. 3, BlackRock’s IBIT led with $1.8 billion, followed by Fidelity’s FBTC at $691.9 million. ARK 21Shares’ ARKB and Bitwise’s BITB brought in $254.5 million and $211.9 million, respectively.
The surge highlights renewed market optimism toward regulated Bitcoin products.
