Cryptocurrency Prices Surge Amid Increased Net Inflows

Cryptocurrency prices have seen a significant boost on Monday, with Bitcoin reaching $74,000 after experiencing substantial net inflows in Bitcoin ETFs. According to recent data, Bitcoin ETFs saw $201.6 million in net inflows, while Ethereum ETFs reported $35.9 million in net inflows.

The surge in cryptocurrency prices has been a topic of interest for traders and analysts. CryptoLimbo noted that Bitcoin's breakout past $75,000 marks a roughly 25% gain from February lows and breaks out of its recent range. However, caution remains ahead of the FOMC meeting, as Bitcoin has historically seen sell-offs following several 2025 Fed decisions.

Ethereum has also experienced significant gains, with trader DamiDefi suggesting that it has flipped key resistance at $2,150 into support, forming a bullish breakout–retest–continuation structure. If the level holds, the next upside target sits near $2,800.