Bitcoin spot ETFs saw massive inflows of $467.4 million on Tuesday and $532 million on Monday, totaling nearly $1 billion in two days. This surge follows a strong April with $1.97 billion in net inflows and continued into May with $1.63 billion, pushing cumulative inflows close to $59.7 billion. Bitcoin's price rose over 6% in the past week, breaking above $80,000, driven by growing institutional interest and positive market sentiment. Ethereum, XRP, and Solana ETFs also experienced fresh inflows, highlighting broad-based demand for crypto ETFs despite some uncertainty from company executives.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
