Bitcoin surges 25% in weekly rally

Cryptocurrency markets experienced a significant rally over the past week, driven by a combination of institutional inflows, regulatory developments, and macroeconomic shifts. Bitcoin surged nearly 25% over seven days, reaching close to $80,000 in its strongest weekly performance since 2023. Ethereum also posted double-digit gains, rebounding from earlier lows, while major altcoins like Solana saw substantial increases. The upward momentum was fueled by several converging factors. Spot Bitcoin exchange-traded funds recorded net inflows of $2.4 billion over five trading sessions, marking the strongest weekly inflow since their launch in January 2024.