#BitwiseBitcoinETF
๐ Crypto Market Overview
๐ช BTC is trading around โ $94,475
๐ท ETH is hovering around โ $3,343
๐ Top gainer in 24h โ BGB +12.94%
๐ Biggest drop in 24h โ FTM -8.43%
๐ Indicators:
๐จ Fear & Greed Index โ 72
๐ฒ Altseason Index โ 47
๐ Long/Short Ratio โ 51/49
๐ฐ Crypto Market Cap โ $3.22T
๐ BTC Dominance โ 58.10%
๐ต BTC spot ETFs saw a net outflow of $298M yesterday.
๐ต ETH spot ETFs had a net inflow of $47.7M.
๐ Galaxy Research predicts BTC will hit $150k in H1 2025 and $185k by Q4 2025. ETH is projected to reach $5500.
๐ฏ๐ต Metaplanetโs CEO stated their BTC purchases are โjust the beginning.โ
๐บ๐ธ US IRS recognized DEXs and external platforms as โbrokers,โ requiring transaction reporting for digital assets.
๐ฎ Do Kwon is being extradited to the US. Montenegroโs Ministry of Justice approved the extradition of the Terra Luna founder.
โ๏ธ VolatilityShares filed for a SOL futures ETF.
๐ฎ Forecast:
The charts arenโt showing the best signals, but key support is still holding. Given the upcoming weekend, major moves are unlikely. Letโs watch closely as the new week starts. Hopefully, no surprises before the year ends.