Crypto Rallies on ETF Inflows; Polygon Labs Acquires Coinme, Sequence
The cryptocurrency market is showing positive momentum, with Bitcoin (BTC) reaching $95,000, up 3%, and Ethereum (ETH) increasing by 6% to $3,313. BTC ETFs saw inflows of $754 million, while ETH ETFs gained $130 million. According to reports, this rally is fueled by the largest ETF inflow in three months. In other developments, a Senate committee is scheduled to vote on a crypto bill on January 27, though stablecoin issues remain under debate. Polygon Labs is set to acquire Coinme and Sequence for $250 million. BitPanda is considering a Frankfurt IPO in the first half of 2026, and CZ has invested in Genius Terminal, a perp trading platform.
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