Crypto Funds Post $1.4B Inflows as BTC Almost Touches $78K
Crypto investment products recorded $1.4 billion in inflows last week, with Bitcoin leading at $1.12 billion and Ether at $328 million, raising total AUM to $154.8 billion.
Crypto investment products recorded $1.4 billion in inflows last week, with Bitcoin leading at $1.12 billion and Ether at $328 million, raising total AUM to $154.8 billion.
Crypto investment products recorded $1.1 billion in inflows last week, marking the largest weekly inflows since mid-January, CoinShares reported.
Crypto investment products recorded $414 million in outflows, snapping a four-week inflow streak as inflation fears, Fed rate hike and geopolitical tensions weigh on sentiment.
CoinShares says a sustained downturn could force miners to shut rigs and slow hashrate growth, reshaping competition across the sector.
Crypto ETPs saw $230 million in inflows last week despite $405 million in post-FOMC outflows, with Bitcoin leading gains and Ether ending a three-week inflow streak.
Technical charts suggest Bitcoin bulls must hold BTC price above $70,000 to avoid a pattern confirmation to new lows under $60,000. Will altcoins also hold up?
Bitcoin and several major altcoins have turned down from their overhead resistance levels and are on the verge of resuming their downtrend.
Spot selling and sustained outflows from crypto ETFs reinforce traders' negative sentiment toward crypto. Do charts forecast a bottom or a rebound?
The entire crypto market is in a relief rally, but to keep it going, Bitcoin needs to secure a daily close above $114,000.
Ether and select altcoins are witnessing a shallow pullback, signaling growing interest in altcoins compared to Bitcoin.
BNB hits new highs, ETH still aims for $5,000, and Bitcoin risks a drop below $110,000.
Bitcoin’s consolidation near the highs suggests the bulls are holding on to their positions in anticipation of a rally to new highs.
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