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Bitcoin Outperforms Traditional Financial Assets in H1 2023
Bitcoin gained 84% in H1 2023, significantly outperforming most traditional financial assets.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Crypto News Weekly Recap #157 📣 — SEC says spot Bitcoin ETF fillings are unclear and incomprehensive — FTX's current management has recovered $7 billion in liquid assets — Fidelity officially filed an application for a spot Bitcoin ETF with the SEC — HSBC enables BTC and ETH ETF investment for customers in Hong Kong — Binance EUR banking partner to halt support of the crypto exchange in September — Microstrategy has purchased 12,333 more bitcoin for about $347 million — European Union agreed on cryptocurrency bank capitals — UK passes bill establishing crypto and stablecoins as regulated financial activities
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📈Market Overview The Top-10 cryptocurrencies are traded in different directions: XRPL +2.59% Litecoin +2.53% Dogecoin -1.57% Market capitalization: $1.30T (+0.07%) The BTC dominance: 45.45% (-1.14%) Fear & Greed Index: 63 (Greed) 👉 Top Gainers Verge (XVG) +19.4% Flow (FLOW) +19% Celsius (CEL) +17% 👉 Recent Funding Rounds Mind Network $2.5M seed round with participation from Binance Labs, Hashkey Capital and SevenX Ventures OutDID $2.5M seed round led by Jump Crypto Alloyx $2M pre-seed round led by Hack VC BTC Futures Aggregated Volume — $10.2B Aggregated Open Interest — $9.5B 👉 Derivatives Market Analytics
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Running in good profit💹🤑 Our team is regularly sharing analysis with our public members as well so that everyone can grow with us✅
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AUDNZD ANALYSIS✅
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Bitcoin’s Price Broke $31,000 Over the past 24 hours, BTC saw an impressive increase in its dollar value and reached a new ATH of the year.
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