Crypto Investment Products See Major Inflows 📈. Last week, crypto investment products saw $1.4 billion in net inflows, bringing the year-to-date total to $17.8 billion. Bitcoin products led with $1.35 billion, while Ethereum funds added $72 million. The U.S. was the largest contributor with $1.3 billion.
🇰🇷South Korea Proposes Crypto Tax Delay to 2028 South Korea plans to postpone the 20% tax on cryptocurrency gains until 2028 to support digital asset growth and develop better regulatory frameworks.
After the breakout and successful retest of the horizontal and trendline resistance, the price surged. Currently, it is facing horizontal resistance again. A breakout and retest above this level would confirm the continuation of the bullish move.$BTC
🕯 Billions in Bitcoin withdrawn amid latest price drop During the latest Bitcoin price drop, $4.3 billion worth of Bitcoin was withdrawn from the 10 largest crypto exchanges 🥺 $BTC
🇺🇸 Trump to Speak at Bitcoin 2024 Conference Donald Trump will speak at the Bitcoin 2024 Conference in Nashville, His speech is on July 27 at 2 p.m. CT.
$C98 Market Analysis The price action of $C98 is consolidating within its demand zone, marked between $0.15 and $0.14. 📉📊 The price action is showing strong reversal movements from this demand zone, indicating a potential bounce back. 🔄📈 This could lead to filling out the upper side of the candle imbalances. 📏🕯️$C98
Bitcoin Price Analysis: BTC Bulls Back in Town but Will $60K Fall? Bitcoin has recently seen an uptick in demand near a crucial support level, leading to a slight rebound above the 200-day moving average at $59.2K. This price action highlights the potential for a bullish reversal if the price stabilizes above the 200-day moving average.$BTC
The price has broken out above the trendline and horizontal resistance. It is currently retesting this level from above. A successful retest would confirm the bullish trend. However, if the price fails to hold above the horizontal support, we may see a correction in the market$BTC
📣 Post-halving bullish sentiment rises A recent survey reveals nearly half are bullish after the latest halving 🔼 However, historically, high optimism often leads to market declines due to fewer new buyers. So, despite the bullish sentiment, a market dip could be on the horizon 😞
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