Bitcoin rises to $79110, ETF funds flow in $823.7 million

According to The Block, Bitcoin has risen 2% to $79110 in the past 24 hours, while Ethereum has risen 3% to $2388. Asian stock markets generally rose in early trading on Monday, with the Nikkei 225 index up 1.4% and the South Korean Kospi index up 1.9%. The US spot Bitcoin ETF recorded a net inflow of $823.7 million last week, marking the fourth consecutive week of positive inflows. The Crypto Fear and Greed Index has risen from 29 to 47, turning neutral. Zeus Research analyst Dominick John stated that the market rally was driven by inflows of ETF funds and technical breakthroughs, while easing geopolitical tensions eased risk aversion.