Bitcoin Tops $68,000 as ETF Inflows and Trump-Era Policy Hopes Lift Crypto
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Bitcoin climbed above $68,000 on Monday, reaching its highest level in more than a month as investors responded to growing optimism around spot Bitcoin exchange-traded funds and speculation that a potential Trump presidency could bring a more crypto-friendly regulatory stance.
The world’s largest cryptocurrency rose sharply during the session, extending gains that have been supported by strong inflows into U.S.-listed spot Bitcoin ETFs. Market participants said the combination of institutional demand and renewed political momentum helped fuel the latest move higher.
Ethereum also advanced, rising about 4% to trade near $2,700, while other major altcoins followed the broader market’s upward trend. The rally came alongside a notable pickup in activity, with trading volume jumping 25% in the last hour, a sign that risk appetite is returning to digital asset markets.
Analysts said the latest price action reflects a market increasingly sensitive to both macro and political catalysts. While Bitcoin remains volatile, the move above $68,000 has reinforced expectations that ETF-driven demand could continue to support prices in the near term if inflows remain strong.
