Binance Square
LIVE
LIVE
koinmilyoner
Bikajellegű
--2.9k views
#MarketSentimentToday Over $1 billion in Bitcoin investments fuel ETF rally, price tops $71,000 Lower-than-expected inflation and a dominating Bitcoin have prompted a cautious crypto investment comeback, led by the US. Ethereum, the world's second-largest cryptocurrency, saw outflows over regulatory concerns. A renowned digital asset management, reported $932 million in crypto investment product inflows for the second week in a row. Bitcoin, the disputed “digital gold” that recently crossed $71,000 in two weeks, is the clear leader with $942 million. This optimistic feeling may be connected to the latest US Consumer Price Index (CPI), which raised prospects of a less aggressive Federal Reserve interest rate rise. Low interest rates have always favored riskier investments like Bitcoin. USA has become the worldwide crypto powerhouse. With inflows above $1 billion, the US ETF market, a newcomer, led. Even Grayscale, a prominent crypto investment business that had lost roughly $17 billion since a Bitcoin ETF began in January, found optimism with its first $18 million inflow. This shows that some investors may perceive the Grayscale as a safer option than the newer ETF. Mixed Bag for Altcoins and Regional Players Bitcoin is in the limelight, but other cryptocurrencies are mixed. Popular cryptocurrencies Solana (SOL), Chainlink (LINK), and Cardano (ADA) had minor inflows of $5 million, $3.7 million, and $2 million. Ethereum, the “king of altcoins,” is in danger. Over $23 million left Ethereum-based investment products. An Ethereum spot-based ETF ruling by the US Securities and Exchange Commission (SEC) may cause this hostility. Investors fear regulatory uncertainty, and the SEC's decision is unknown. Lower volumes suggest cautious optimism Despite increased inflows, a crucial metric suggests otherwise. The week's trading volumes were far lower than March's $40 billion record. This suggests investors are wary. They may be reentering crypto with caution due to its volatility. #btc70k #BTC #bitcoinhalving #bitcoin $BTC

#MarketSentimentToday

Over $1 billion in Bitcoin investments fuel ETF rally, price tops $71,000


Lower-than-expected inflation and a dominating Bitcoin have prompted a cautious crypto investment comeback, led by the US. Ethereum, the world's second-largest cryptocurrency, saw outflows over regulatory concerns.

A renowned digital asset management, reported $932 million in crypto investment product inflows for the second week in a row. Bitcoin, the disputed “digital gold” that recently crossed $71,000 in two weeks, is the clear leader with $942 million.


This optimistic feeling may be connected to the latest US Consumer Price Index (CPI), which raised prospects of a less aggressive Federal Reserve interest rate rise. Low interest rates have always favored riskier investments like Bitcoin.

USA has become the worldwide crypto powerhouse. With inflows above $1 billion, the US ETF market, a newcomer, led.

Even Grayscale, a prominent crypto investment business that had lost roughly $17 billion since a Bitcoin ETF began in January, found optimism with its first $18 million inflow.

This shows that some investors may perceive the Grayscale as a safer option than the newer ETF.

Mixed Bag for Altcoins and Regional Players
Bitcoin is in the limelight, but other cryptocurrencies are mixed. Popular cryptocurrencies Solana (SOL), Chainlink (LINK), and Cardano (ADA) had minor inflows of $5 million, $3.7 million, and $2 million.

Ethereum, the “king of altcoins,” is in danger. Over $23 million left Ethereum-based investment products.

An Ethereum spot-based ETF ruling by the US Securities and Exchange Commission (SEC) may cause this hostility. Investors fear regulatory uncertainty, and the SEC's decision is unknown.

Lower volumes suggest cautious optimism
Despite increased inflows, a crucial metric suggests otherwise. The week's trading volumes were far lower than March's $40 billion record.

This suggests investors are wary. They may be reentering crypto with caution due to its volatility.

#btc70k #BTC #bitcoinhalving #bitcoin $BTC

Felelősségkorlátozó nyilatkozat: Harmadik felek véleményét tartalmazza. Nem minősül pénzügyi tanácsnak. Szponzorált elemet tartalmazhat. Lásd a Feltételeket.
0
ajánlat 1
Fedezd fel a legfrissebb kriptovaluta híreket
⚡️ Vegyél részt a legfrissebb kriptovaluta megbeszéléseken
💬 Lépj kapcsolatba a kedvenc alkotóiddal
👍 Élvezd a téged érdeklő tartalmakat
E-mail-cím/telefonszám
Releváns tartalomkészítő
LIVE
@koinmilyoner

Továbbiak felfedezése a tartalomkészítőtől

Has Jasmy Coin Sold Out? A 52% Explosion in the Price of Jasmy With a 52 percent increase in value over the last week, the price of JasmyCoin ($JASMY), a cryptocurrency used for decentralized data storage, is now $0.03897. Investors' assumption that the cryptocurrency firm had teamed up with Apple's iPhone sparked the spike. The veracity of the rumors has been confirmed since then. The misunderstanding stemmed from people assuming that JasmyCoin, a decentralized on-chain solution for personal data storage, was involved in Apple's recent statement that it would be integrating Japan's ID card system into its iPhones. Introducing $JASMY, the "Japanese Bitcoin" that empowers individuals with a Personal Data Locker (PDL) to safeguard their personal information. This information is available to them to share with corporations that are prepared to pay for it, if they so want. This model's goals are to make data storage more secure, reduce the likelihood of leaks, and make it easier for consenting parties to share and utilize data. The Current Value of JasmyCoin Despite $JASMY's recent dominance in the dePIN market, its closest competitor, Arweave, had a 20% surge in value last week. In comparison, the king of cryptocurrencies, Bitcoin ($BTC), had a relatively modest 2.9% increase overnight and 4.4% week-over-week growth, reaching $70,919 in trading. Ethereum ($ETH), the token driving $JASMY's native blockchain, was authorized for exchange-traded funds (ETFs) on May 23, marking the beginning of a two-part increase in the price of $JASMY. Thanks to this report, the token was able to break above the $0.025 barrier level (seen by the vertical red line), but on May 30, speculations about Apple caused the price to soar beyond $0.04. Here, Jasmy could have discovered a new level of resistance. Things might go either way according to the steady relative strength index (RSI) of 48 and dropping, but since the Apple rumors were cleared up, Jasmycoin's price surge seems to be losing pace. #Jasmy $JASMY @Jasmy-MGT #altcoins #btc70k
--
For what reasons has the price of Shiba Inus and Dogecoin risen today? Dogecoin and Shiba Inu's recent price increases are mostly attributable to the Bitcoin price recovery, therefore the same forces that are propelling Bitcoin's price are also propelling these meme currencies' price increases. Resilient news coming from the US is helping to propel this comeback. Job markets in the United States are showing signs of stabilization, according to the most recent JOLTS survey. The job-to-worker ratio has apparently hit 1.2, its lowest point in three years. The last low point came in 2021, during the last bitcoin bubble market. While the number of layoffs has decreased, the rate of employee turnover has remained relatively same. At the same time, investor confidence has skyrocketed, leading to a flood of capital into digital assets like Bitcoin and Ethereum. A study from CoinShares states that digital asset investment products received $185 million in only the last week, indicating that both retail and institutional investors are positive on the market. Because of these factors, the price of Bitcoin has soared, and altcoins such as Shiba Inu and Dogeocin have also seen price increases. Dogecoin and Shiba Inu have both seen increases over the last 24 hours, but Shiba Inu has fared far better. According to statistics from CoinGecko, Dogecoin's stats showed a rise of 3.7% in the 24-hour period. Its market valuation increased to $23.6 billion as a result, and its price soared past $0.16. Based on the statistics provided by CoinGecko, Shiba Inu has also seen increases in the double digits, reaching a whole of 10.2%. The meme coin's market value has risen past $15.4 billion as a consequence of this comeback, which has allowed it to surpass the $0.000026 barrier. #DOGE #SHIB #altcoins $SHIB $DOGE
--
The Solana Price Is Expected to Rally 18% Soon After regaining support around Tuesday's one-month rising trendline at $164.50, the price of Solana continues to rise on Wednesday. At support levels ranging from $160.02 to $144.48, investors may choose to accumulate SOL. The bullish thesis would be rendered invalid if the daily candlestick closes below $137.58. Sidelined traders now have a chance to purchase Solana (SOL) before the token extends gains, as its price raises for a third day in a row on Wednesday and seems ready for another 18% surge, according to technical indicators. Although the price of Solana has been steadily rising over the $160 mark, there are still potential buying opportunities for bulls on the sidelines at the following levels: The $160.02 daily support level, which is the highest point since April 23. Around $144.48, the 61.8% Fibonacci level of retracement. Assuming a reversal at $160.02, Solana would surge 18% to May 21's all-time high of $188.84. The RSI and AO indicators, which show that bullish momentum is in charge, have found support at 50 and 0, respectively, lending credence to the previously reported rebound. Assuming a fervently positive prediction, SOL may revisit the daily closing on March 31 and surge an extra 7% to $202.45. Nevertheless, a shift in market structure in favor of bears might occur if the SOL daily candlestick closes below the $137.58 low of May 13 and sets a lower bottom on the daily time frame. If this shift proves the bullish argument wrong, we might see a 16% drop to $115.89, the level of daily support that held since April 13. #Sol #Solana $SOL #altcoins @Solana Official
--
$700 Million Pumps Predict Bonk Price #BONK 10%: Buy Now? Bonk has risen 9% in 24 hours to $0.00003445, while the crypto market has gained 2.5%. BONK is down 16% in a week, whereas the Solana-based meme currency is up 7% and 24% in two weeks and a month, respectively. Its 7,700% growth over the last year makes it one of the top-100 currencies. With the market entering a new growth phase, the Bonk price may rise higher. Time to Buy? $600 Million Trading Volume Pumps BONK 9.3% BONK's chart shows a huge momentum gain, but its indications imply it might keep climbing. The 30-day moving average (orange) is advancing toward the 200-day average (blue), but BONK must move substantially above the 200-day to become overbought. Though it dropped this morning, the coin's relative strength index (purple) surged to 70 early this morning, suggesting it may recover shortly after spending much of the week below 50. BONK's 24-hour trading volume is over $600 million, which is significant for recent levels. BONK has witnessed whale buying in recent weeks, indicating rising demand and momentum. Meme tokens are positive right now because GameStop trader Roaring Kitty has returned to work in recent weeks and announced a $180 million GameStop stock stake this week. This has increased meme token demand and enthusiasm, which aided during the 2021 GameStop surge. BONK has been a favorite with whales despite having nothing basic that makes it more likely to rise than other major meme currencies. Since hitting a record high of $0.00004547 on March 4, it's expected to witness erratic rallies and declines in the coming months. Improved inflation may lead to rate decreases later in the year, supporting its performance. This might push Bonk to a record high of $0.000050 by Q4. #altcoins #BONK🔥🔥 $BONK @Bonk!
--
Oldaltérkép
Cookie Preferences
Platform szerződési feltételek