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The Economic Times
The Economic Times
Business
Surbhi Khanna

Bitcoin jumps nearly 5% to cross $85,000 as strong ETF inflows and institutional buying boost crypto momentum

Bitcoin Tron ETF Crypto Prateek Gupta Vikas Gupta CoinSwitch Markets Desk Ethereum US Federal Reserve

Bitcoin jumped nearly 5% in the past 24 hours to cross the $85,000 mark on Tuesday, as strong spot ETF inflows, institutional buying and improving risk appetite renewed momentum across the crypto market. The cryptocurrency was trading at $85,310 as of 12:30 pm.

Over the past 24 hours, Bitcoin gained 4.29%, while Ethereum rose 2.06%. Among major altcoins, BNB, XRP, Solana, Tron, Dogecoin and Cardano gained up to 11.93%, while Hyperliquid fell 0.85%.

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