10x Research: Institutional FOMO, DeFi Craze, and Regulatory Benefits Drive Altcoin Surge
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According to ChainCatcher, as analyzed by the crypto research firm 10x Research, Bitcoin surpassed $95,000, driven by institutional FOMO, the DeFi craze, and regulatory benefits, leading to a surge in altcoins. The cryptocurrency market soared broadly this week amid easing macro risks, record ETF inflows, and a weakening dollar, with Bitcoin crossing $95,000. Altcoins followed strongly, spurred by rising institutional interest, ecosystem growth, DeFi momentum, and positive regulatory signals.
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