Major cryptocurrency prices are continuing to rebound, driven by Bitcoin (BTC) spot ETF inflows. Investment sentiment is also recovering quickly, transitioning to a 'greed' state for the first time in three months.
According to the global cryptocurrency market site CoinMarketCap on the of the of the th, BBTC was trading at $93,799.71. This is a 1.06% increase from the previous day. the same time altcHH rose 3%,.. by 0.91% to $2.229 Solana (SOL) recorded a 1.% rise to $151.35.
Major cryptocurrency prices also roseened simultaneously in domestic exchanges. At Bithumb, BTC recorded 134,334,000 won, up 0.95% from the previous day. ETH rose 3.19% to 2,585,000 won, and XRP was trading at 3,196 won, up 0.95%.
Large institutional funds flowing into the US BTC spot ETF are analyzed to have led the cryptocurrency rebound. According passaides Investors,917.7 million (about 1 ) net inflows into to the Bspot ETF in just one day on the 22nd. This is the largest net inflow since the inauguration of former US President Donald in.
The cryptocurrency market analysis firm 10x Research said, "The stable inflow of stableoin supports the upward trend, and funds are also increasing through the Bspot ETF," and "the-scale positions around $95,000 are broken, additional sharp increases up to $98,000 are possible>
Major cryptocurrency prices are continuing to rebound, driven by Bitcoin (BTC) spot ETF inflows. Investment sentiment is also recovering quickly, transitioning to a 'greed' state for the first time in three months.
<$>
Large institutional funds flowing into the US BTC spot ETF are analyzed to have led the cryptocurrency rebound. According to Passa,ides Investors, $917.7 million (about 1. trillion won) was net to theflow to the BTC spot ETFETFin just one day on the 22nd. This is the largest net inflow since the inauguration of former US President Donald Trump in February>
