The crypto market is rising as Bitcoin trades near $86,000 and major altcoins extend gains. Nearly $1 billion in U.S. spot Bitcoin ETF inflows and about $920 million in short liquidations have added buying pressure. Crypto perpetual futures open interest has also reached around $160 billion. The rally pushed total crypto market value above $3 trillion for the first time since January before falling back to about $2.95 trillion. Bitcoin’s continued strength will depend on ETF demand and spot buying.

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