* Bitcoin is up around 1.3% in the last 24 hours, reclaiming $115,000 while Ethereum has jumped 2.8% and is above $3,600.
* ETH ETFs regained inflows on Tuesday despite Bitcoin ETFs posting another day of outflows.
* Analysts seem unfazed by the market movement, noting that dips are expected in bull markets.
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tldr; Bitcoin rebounded above $115,000 on Wednesday, with Ethereum also recovering to $3,600 amid a crypto market rebound. Bitcoin gained 1.3% and Ethereum rose 2.8% in 24 hours. Ethereum ETFs saw inflows of $73 million, while Bitcoin ETFs continued outflows, though at reduced levels. Analysts attribute recent volatility to leveraged trading and liquidations, with Bitcoin down 6% from its mid-July high. Other cryptocurrencies like Solana and BNB also saw gains. Experts remain optimistic about a prolonged multi-year bull market despite short-term fluctuations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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* Bitcoin is up around 1.3% in the last 24 hours, reclaiming $115,000 while Ethereum has jumped 2.8% and is above $3,600.
* ETH ETFs regained inflows on Tuesday despite Bitcoin ETFs posting another day of outflows.
* Analysts seem unfazed by the market movement, noting that dips are expected in bull markets.
tldr; Bitcoin rebounded above $115,000 on Wednesday, with Ethereum also recovering to $3,600 amid a crypto market rebound. Bitcoin gained 1.3% and Ethereum rose 2.8% in 24 hours. Ethereum ETFs saw inflows of $73 million, while Bitcoin ETFs continued outflows, though at reduced levels. Analysts attribute recent volatility to leveraged trading and liquidations, with Bitcoin down 6% from its mid-July high. Other cryptocurrencies like Solana and BNB also saw gains. Experts remain optimistic about a prolonged multi-year bull market despite short-term fluctuations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.