Krutika Adani
Bitcoin rose 3.2% and Ethereum rose 3.6% after strong economic data lifted market sentiments.
Both Bitcoin and Ethereum ETFs saw strong inflows after witnessing a series of outflows in earlier months.
The US Jobless Claims data fell to 218k against the estimated 233k.
Further, a low inflation rate of 2.5% last month also boosted user confidence.
Finally, the expectations of post-poll positive regulations for crypto have cheered the markets.