News
Bitcoin Surges Above $83,900 Amid ETF Outflows
Bitcoin closed the week above $83,900, marking its highest level since early November. The price increase was driven by falling oil prices, which offset outflows from Bitcoin ETFs. The market cap stood at $2.93 trillion, with Bitcoin maintaining a dominance of 57.5%. The Fear & Greed Index reached 69, indicating a period of high greed. In the small cap market, several tokens saw significant gains, including Kled AI, Baton, Beets Staked Sonic, Hookr.fun, and TapeOut. Notable funding rounds included a $30 million strategic round for a data network backed by the Sui Foundation, and a $1.2 million seed round for Orbio.so backed by an undisclosed investor. Additionally, Polymath completed an M&A round with backing from TruGolf Holdings.