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Bitcoin Tops $29,500, Market Sentiment Improves
Bitcoin’s rebound above $29,500 reflects improved sentiment on ETF news and regulatory clarity, energizing broader crypto markets.
Bitcoin surged past $29,500, extending gains after favorable regulatory developments in Europe and increased spot ETF inflows in the US. Ethereum and Solana also posted modest rises, contributing to overall market optimism. The broader cryptocurrency market capitalization approached $1.2 trillion, reflecting renewed investor confidence amid easing regulatory concerns and growing institutional participation. Analysts note that continued ETF inflows and supportive policy signals could sustain momentum, while traders remain attentive to market volatility and sector-specific developments across major digital assets.