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Increase consumption for Bitcoin; Is price growth coming?
Analysis of the platform and information from the Petoquant platform have identified an increase in the market for Bitcoin by large investors and holders.
This issue can lead to positive digital currencies.
According to CryptoQuant's weekly report, markets are assessing that the momentum Bitcoin is using is needed for a sustained price rally, and may soon see a surge in prices.
On the other hand, the selling profit from the Bitcoin owners has decreased and the realized margin is around 3%.Also, the recovery of inflows into the US Bitcoin exchange-traded fund (ETF) market indicates increased demand for Bitcoin. These funds have seen hundreds of millions of dollars in inflows since early May, and their total assets have increased from 819,000 on May 1 to more than 859,000.
Increase consumption for Bitcoin; Is price growth coming?
Analysis of the platform and information from the Petoquant platform have identified an increase in the market for Bitcoin by large investors and holders.
This issue can lead to positive digital currencies.
According to CryptoQuant's weekly report, markets are assessing that the momentum Bitcoin is using is needed for a sustained price rally, and may soon see a surge in prices.
On the other hand, the selling profit from the Bitcoin owners has decreased and the realized margin is around 3%.Also, the recovery of inflows into the US Bitcoin exchange-traded fund (ETF) market indicates increased demand for Bitcoin. These funds have seen hundreds of millions of dollars in inflows since early May, and their total assets have increased from 819,000 on May 1 to more than 859,000.
🚨 The president is made of cryptocurrency!!!
▪️ Donald Trump announced his plans to become the "Crypto-President" at a fundraising event in San Francisco and managed to raise $12 million for his 2024 campaign.
▪️ He emphasized that America should be the leader in the crypto industry and not settle for less than first place.
▪️ Trump's move comes after Biden's controversial decision on crypto regulations (Bill SAB121).
$BTC #sanor016CommUNITY
▪️ Donald Trump announced his plans to become the "Crypto-President" at a fundraising event in San Francisco and managed to raise $12 million for his 2024 campaign.
▪️ He emphasized that America should be the leader in the crypto industry and not settle for less than first place.
▪️ Trump's move comes after Biden's controversial decision on crypto regulations (Bill SAB121).
$BTC #sanor016CommUNITY
🚨 Strong return of whales to Bitcoin!!! ▪️ Bitcoin whale addresses have reached their highest level of balance at the moment. ▪️ This increase in whale activity shows that large investors are optimistic about the future prospects of Bitcoin. 👈 The return of whales to Bitcoin is a positive sign. This shows that confidence in this digital currency is increasing and could lead to a price increase in the future.$BTC
💰 Blackrock ETF fund has achieved the record of holding more than 300 thousand Bitcoin units ($21 billion) in less than 5 months!
$BTC
$BTC
European interest rate cut puts Bitcoin price on the brink of a new record Bitcoin hit around $71,000 at the June 6 open on Wall Street in response to the European Central Bank's interest rate cut after four years, as traders await a possible boost in liquidity. Data from Cointelegraph Markets Pro and TradingView show that Bitcoin price is moving below the critical resistance of $72,000. This is the last hurdle before attacking the historical price records that are still visible for market participants. Because macroeconomic events have strengthened the bullish outlook in the digital currency market.
$BTC
#sanor016CommUNITY
$BTC
#sanor016CommUNITY
🔥 Bitcoin ETFs record breaking!!!
▪️ Bitcoin ETFs in the United States recorded their second-highest inflows for the day, with $887 million.
▪️ Fidelity Wise Origin bitcoin funds with $378.7 million and iShares Bitcoin Trust with $274.4 million had the most inflows.
▪️ This new record was unprecedented since March 12, when funds had inflows of $1.04 billion.
$BTC
#sanor016CommUNITY
#btc70k
▪️ Bitcoin ETFs in the United States recorded their second-highest inflows for the day, with $887 million.
▪️ Fidelity Wise Origin bitcoin funds with $378.7 million and iShares Bitcoin Trust with $274.4 million had the most inflows.
▪️ This new record was unprecedented since March 12, when funds had inflows of $1.04 billion.
$BTC
#sanor016CommUNITY
#btc70k
🚨 Bitcoin ETF funds have been approved in Thailand!!! Thailand's Securities and Exchange Commission (SEC) has approved the country's first Bitcoin ETF. This is a significant development for the mainstream adoption of cryptocurrencies in Thailand. The ETF will be launched by ONEAM, an asset management company with a proven track record. This helps ensure the quality and safety of the fund for investors.
$BTC #btc70k
#sanor016CommUNITY
$BTC #btc70k
#sanor016CommUNITY
ETH is 🐂 Bullish !
Buy long
#Write2Earn #TrendingTopic #sanor016CommUNITY #Earn100USDT $ETH $BTC $BNB
Buy long
#Write2Earn #TrendingTopic #sanor016CommUNITY #Earn100USDT $ETH $BTC $BNB