The cryptocurrency market is experiencing a surge in capital inflows, with over $100 billion added in just 24 hours, as digital assets continue their short-term bullish momentum.
As of press time, the total market capitalization of all cryptocurrencies stood at $4.26 trillion, up from $4.15 trillion the previous day, representing an inflow of approximately $110 billion, according to CoinMarketCap data.
The spike coincides with Bitcoin’s (BTC) latest surge past its $125,000 record high, fueled by over $3.2 billion in spot ETF inflows, renewed institutional demand, and growing optimism ahead of potential U.S. rate cuts.
At press time, the leading cryptocurrency was valued at $124,736, up about 1.8% in the past 24 hours and nearly 14% over the past week.
Altcoins such as Ethereum, Solana, and XRP also posted modest gains, lifting the broader market higher.
Notably, Bitcoin and the wider crypto market are seeing renewed demand as investors seek protection from U.S. policy uncertainty amid the ongoing government shutdown.
The flight to safe-haven assets has helped push BTC to new record highs, with traders viewing it as a hedge against fiscal instability.
Meanwhile, there may still be room for Bitcoin to climb further. The total Bitcoin balance on centralized exchanges has fallen to a six-year low of 2.83 million BTC, according to Glassnode data retrieved on October 4.
The last time exchange reserves were this low was in June 2019, when Bitcoin traded near $8,000 during a bear market.
This decline suggests more investors are moving their holdings into self-custody or institutional storage, a sign of long-term confidence rather than intent to sell.
With fewer coins available on exchanges, the supply that could hit the market is shrinking, a dynamic that often supports higher prices.
