#BitwiseBitcoinETF

๐Ÿ‘€ Crypto Market Overview

๐Ÿช™ BTC is trading around โ€” $94,475

๐Ÿ”ท ETH is hovering around โ€” $3,343

๐Ÿ“ˆ Top gainer in 24h โ€” BGB +12.94%

๐Ÿ“‰ Biggest drop in 24h โ€” FTM -8.43%

๐Ÿ“Š Indicators:

๐Ÿ˜จ Fear & Greed Index โ€” 72

๐Ÿ’ฒ Altseason Index โ€” 47

๐Ÿ“ˆ Long/Short Ratio โ€” 51/49

๐Ÿ’ฐ Crypto Market Cap โ€” $3.22T

๐Ÿ‘‘ BTC Dominance โ€” 58.10%

๐Ÿ’ต BTC spot ETFs saw a net outflow of $298M yesterday.

๐Ÿ’ต ETH spot ETFs had a net inflow of $47.7M.

๐Ÿš€ Galaxy Research predicts BTC will hit $150k in H1 2025 and $185k by Q4 2025. ETH is projected to reach $5500.

๐Ÿ‡ฏ๐Ÿ‡ต Metaplanetโ€™s CEO stated their BTC purchases are โ€œjust the beginning.โ€

๐Ÿ‡บ๐Ÿ‡ธ US IRS recognized DEXs and external platforms as โ€œbrokers,โ€ requiring transaction reporting for digital assets.

๐Ÿ‘ฎ Do Kwon is being extradited to the US. Montenegroโ€™s Ministry of Justice approved the extradition of the Terra Luna founder.

โœ๏ธ VolatilityShares filed for a SOL futures ETF.

๐Ÿ”ฎ Forecast:

The charts arenโ€™t showing the best signals, but key support is still holding. Given the upcoming weekend, major moves are unlikely. Letโ€™s watch closely as the new week starts. Hopefully, no surprises before the year ends.