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đ€ $BTC #CryptoQuant : Overall, a decline in net short positions in CME futures can be a mixed signal. On the one hand, it is good for the overall health of the Bitcoin market. On the other hand, short positions are sometimes needed as fuel for growth, and CME traders often aggressively increase them precisely when Bitcoin is rising.
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đ Infrastructure & Development Tools Sector in $SOL Ecosystem
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đ $BTC leaves exchanges almost 100K BTC in the last 60 days
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đđ€ $BTC has outperformed almost all asset classes over the past 12 months, but the recent drop has âspookedâ investors, according to a report by VanEck dated Sept. 19. Bitcoin spot prices have risen by approximately 124% since Sept. 2023, increasing its market share among cryptocurrencies. As of Sept. 20, BTCâs market cap was about $1.25 trillion, making up 56% of the total crypto marketâroughly 15% more than a year ago. VanEck expects the âlong-term bull marketâ for Bitcoin to continue, noting that the current adoption of Bitcoin as an investment tool is driven by different forces compared to 2023.
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đ $SOL Solana's Daily Active Addresses Exceed 5 Million
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