Just got two exciting news!
Wisdomtree BTC ETF, a well-known Bitcoin ETF provider, has not sold any Bitcoin in the past four months, but has achieved a net inflow of more than $150 million in Bitcoin.
The overall market value of the cryptocurrency market has climbed to the $2 trillion mark, of which Bitcoin accounts for more than 56%. According to Binance's latest report, the current total market value of cryptocurrencies is $2,098.581 billion, with a 24-hour trading volume of $66.707 billion, and Bitcoin's market value accounts for 56.5%.
In summary:
1. Capital giants (except Grayscale) continue to increase their purchases, the interest rate cut cycle is in the ascendant, and the bull market pattern remains stable! It is recommended to take advantage of the market correction opportunity and increase positions in a timely manner.
2. The continuous increase in the market value of Bitcoin indicates that the real market giants have not yet fully entered the market. At this time, it is expected to reap rich returns in the next bull market by properly deploying some potential non-mainstream cryptocurrencies!
Operation suggestion: Decisively buy more when the price falls back. As long as the price does not fall below $58,000, the upward trend will continue.
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