Bitcoin achieves highs, Ether also reaches a peak.

 The crypto market has been in recovery mode in recent sessions, recording institutional inflows of $85 million.

Reuters.- Bitcoin rose to a four-week high on Monday for its second straight session of gains, fueled in part by the liquidation of some short positions that had built up in the virtual currency's recent three-month downtrend. .The world's top cryptocurrency hit $44,524.18 , a level last seen in mid-January. In the afternoon it added 3.8% to 44,024 dollars. Since hitting a roughly six-month low on January 24, Bitcoin has gained around 35%.

Ether, the second-largest digital currency in terms of market cap, hit a three-week high of $3,180 and was later up 3.1% at $3,153.21.

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The cryptocurrency fell to a six-month low in late January, but since then, the token used for the Ethereum blockchain has risen roughly 47%.The crypto market has been in recovery mode in recent sessions, recording institutional inflows of $85 million last week and marking the third week of inflows totaling $133 million, according to a report published by digital asset manager CoinShares. Monday.


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