This past week witnessed a surge in the crypto market as top digital assets experienced significant price increases due to heightened investor activity. Looking at the cryptocurrency charts, there was a noticeable increase in bullish behavior over the last seven days. The total market capitalization has now reached $2.66 trillion, with 24-hour trading volumes standing at $87.8 billion.

Before reaching this week's highs, there were minor setbacks caused by various economic and market factors leading to slight liquidations. However, the market quickly regained momentum, with Bitcoin reclaiming the $70,000 mark. Despite challenges like the Coinbase case with the Securities and Exchange Commission (SEC) and Kucoin's issues, overall sentiment turned positive.

Bitcoin, the leading cryptocurrency, played a significant role in driving the market to new heights this week, benefiting from net institutional inflows. Despite experiencing outflows the previous week, Bitcoin underwent a notable correction, with analysts predicting further price increases. Currently, BTC is trading at $70,371, marking an 11% increase this week and boosting its monthly flows by 16.69%.

The success of spot Bitcoin ETFs has been a major contributing factor to the record inflows into the asset. Additionally, anticipation surrounding the upcoming halving event has led miners and traders to adjust their holdings, further bolstering Bitcoin's upward trajectory.

Altcoins, including Ethereum, also saw substantial gains this week. Ethereum's price increased by 7.38% to reach $3,552, recovering from losses in the previous week. Other altcoins like BNB and Solana experienced gains of 13.33% and 11.58%, respectively, over the last seven days.

Notably, Toncoin (TON) and Internet Computer (ICP) saw even higher surges of 21% and 35%, respectively, contributing to the overall growth of the altcoin market. The rise of Bitcoin has spurred positive momentum among other crypto assets, with Ethereum anticipating the potential introduction of its own ETF, which analysts believe could further drive investment in the asset.

In the memecoin ecosystem, there has been a 7% increase in the last 24 hours, with weekly inflows across various sectors. Dogecoin and Shiba Inu saw significant gains of 40% and 15%, respectively, over the past seven days. Additionally, assets within the Solana ecosystem, such as dogwifhat and BONK, experienced notable growth of 67.7% and 21.8%, further highlighting the overall positive trend in the market.

In conclusion, the crypto market witnessed a remarkable surge this week, with Bitcoin and altcoins reaching new heights fueled by increased investor activity and positive sentiment. Despite challenges and setbacks, the overall trajectory remains bullish, with anticipation surrounding potential developments such as ETFs driving further optimism among investors.