Bitcoin Approaches All-Time High Amid Positive ETF Inflows and Executive Order Developments

Key Points

1. Bitcoin's price reached $122,150, moving it within 1% of its all-time high of $123,000.

2. A pro-crypto executive order and $773 million in Bitcoin ETF purchases fueled the price surge, with potential to unlock $9 trillion in crypto market investments.

3. The Crypto Fear & Greed Index remained at 70, indicating a 'Greed' zone but not overly heated market sentiment.

4. Bitcoin's rally contributed to the total crypto market cap reaching a new all-time high of $4.14 trillion.

5. Ethereum (ETH) also saw a 1.8% rise in the last 24 hours, further boosting the crypto market.