Cryptocurrency markets have seen an impressive surge in recent months, reaching a combined value of $1.3 trillion-$1.4 trillion. Bitcoin has hit $38,000, having recovered from its pre-Terra crash values, and Ethereum is now worth more than $2,000 due to BlackRock's ETF filing. Chatter surrounding a potential Bitcoin ETF has increased investor optimism and analyst predictions claim a 90% chance of it happening by Jan. 10. Significant gains have also been seen with other cryptocurrencies such as BNB, XRP, and Solana, signalling a positive outlook for the crypto market. Notably, Ripple CEO Brad Garlinghouse believes the crypto industry has withstood the “massive headwinds” it has faced and is trending upwards. He highlighted that he has no clear sight into what drives cryptocurrency prices, but takes a long-term view for a better market understanding.



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