Record $40B Bitcoin ETF Rally Spurs ETH, XRP and MAGACOIN FINANCE Surge
Bitcoin ETF trading volumes hit a record $40 billion this week, driving BTC to a peak of $124,000 before settling near $117,659. Ether ETF inflows surpassed $17 billion, lifting Ethereum to a weekly close of $4,475—its highest since 2021. XRP, buoyed by Ripple’s SEC victory, briefly rallied above $3.30 but now trades around $2.95 amid mixed adoption signals. Meanwhile, altcoin MAGACOIN FINANCE is drawing trader attention with 35× to 15,000× price forecasts, fueled by meme and DeFi use cases. Traders are eyeing ETF-driven momentum and top altcoins for potential outsized gains this cycle.
Bullish
The record $40 billion Bitcoin ETF and $17 billion Ether ETF volumes mirror past ETF-driven rallies, such as the January 2024 ETF launch that spurred sustained price gains. Strong institutional inflows via Bitcoin ETF and Ethereum ETF products support continued bullish momentum. XRP’s post-SEC dynamics present limited downside amid broader market strength, while MAGACOIN FINANCE’s speculative hype may fuel additional buy interest. Together, ETF-driven demand and altcoin rallies indicate a bullish outlook for both short-term spikes and medium-term market expansion.