Sunday, June 8, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

$2 Billion Has Entered the Market in the Past 9 Trading Days!

July 21, 2024
in Web3
Reading Time: 2 mins read
0 0
A A
0
Home Web3
Share on FacebookShare on TwitterShare on E Mail



TL;DR

From Jul Fifth-Seventeenth (not together with weekends), roughly $2B flowed into the Bitcoin ETFs, shifting the worth per BTC up a cool $11k within the course of.

Full Story

For those who have been questioning the place the brand new uptick in crypto costs has come from, it is a main cause:

From July Fifth – July Seventeenth (not together with weekends), roughly $2B flowed into the Bitcoin ETFs.

(And when Bitcoin strikes, so does the remainder of the crypto market).

This present streak is the longest we’ve seen in additional than a month, again when inflows have been optimistic for 19 days, between Might 13 and Jun 7.

In that point, Bitcoin moved from ~$63k to ~$71k, which learn like rather more spectacular numbers — however don’t allow them to idiot you!

Final month’s run noticed about an $8k transfer in worth per BTC from prime to backside.

On this newest run up, we’ve moved from ~$54k to ~$65k — clocking a (tough) $11k transfer up in worth per BTC in half the time, and including $230B to Bitcoin’s market cap within the course of.

Cool, so what’s the takeaway?

Positive, we moved from ~$71k to ~$54k over a two month interval, however the newest restoration has been a lot quicker, and lined extra floor.

This elevated momentum from consumers signifies larger belief within the near-term way forward for the market, which ought to imply extra worth resilience within the coming months.

All of which ought to translate to much less stressing over our portfolios, and higher nights sleeps.

(Thank god).



Source link

Tags: billionDaysEnteredMarketTrading
Previous Post

Solana Price (SOL) Targets Upside Breakout: Will It Reach New Monthly Highs?

Next Post

What’s interoperability in Web3? – 101 Blockchains

Related Posts

Cudis Bets on Wearables, AI and a Solana Token to Drive the Longevity Movement
Web3

Cudis Bets on Wearables, AI and a Solana Token to Drive the Longevity Movement

June 8, 2025
The future of crypto belongs to communities—treasury governance will get us there
Web3

The future of crypto belongs to communities—treasury governance will get us there

June 8, 2025
Trump Crypto Wallet ‘Isn’t Moving Forward’ After World Liberty Clash: Eric Trump
Web3

Trump Crypto Wallet ‘Isn’t Moving Forward’ After World Liberty Clash: Eric Trump

June 6, 2025
Yield bearing stablecoin comes to Solana via Maple Finance’s Chainlink integration
Web3

Yield bearing stablecoin comes to Solana via Maple Finance’s Chainlink integration

June 7, 2025
VerifiedX Launches Vault Accounts – Setting a New Standard for Bitcoin Security
Web3

VerifiedX Launches Vault Accounts – Setting a New Standard for Bitcoin Security

June 5, 2025
Curve Founder Warns of ‘For-Hire’ Hackers Coordinating Cross-Platform Attacks
Web3

Curve Founder Warns of ‘For-Hire’ Hackers Coordinating Cross-Platform Attacks

June 5, 2025
Next Post
What’s interoperability in Web3? – 101 Blockchains

What’s interoperability in Web3? - 101 Blockchains

Reddit Phases Out Animated Collectible Expressions for Polygon NFTs

Reddit Phases Out Animated Collectible Expressions for Polygon NFTs

Winklevoss twins donate $1 million in Bitcoin to unseat Elizabeth Warren

Winklevoss twins donate $1 million in Bitcoin to unseat Elizabeth Warren

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In