The crypto market is experiencing a surge in momentum, with Bitcoin leading the charge. The digital gold is up 10% in the past 24 hours, breaking out of its recent trading range. This rally is being fueled by renewed optimism around the prospect of Bitcoin ETFs and institutional investment. Meanwhile, altcoins are also gaining traction, with Ethereum, Binance Coin, and Cardano all posting significant gains.

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This break above the previous range could be a sign of a new trend forming. Expect to see increased institutional interest and potential for further gains if Bitcoin ETFs are approved.