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Bitcoin jumps to eight week high near 97000 as inflation fears fade and ETFs pull in money
Economy
Published on 24 April 2026
ETFs funneled fresh demand as inflation jitters cooled
Bitcoin surged to an eight-week high near $97,000 as easing inflation fears and upbeat regulatory signals boosted investor confidence. Heavy inflows into Bitcoin ETFs added momentum, while major altcoins largely pulled back. Overall crypto market value neared $3.25 trillion, and Bitcoin and Ethereum held steady despite lingering economic uncertainty, suggesting renewed institutional interest.
- Bitcoin rose to an eight-week peak near $97,000
- ETF inflows and eased inflation concerns drove the rally
- Major altcoins declined even as Bitcoin and Ethereum stayed resilient
- Crypto market capitalization approached $3.25 trillion
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times