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ETFs saw around $365.7M in net inflows
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Bitcoin (BTC) and the broader crypto market faced selling pressure today. BTC dropped by 1.97% as Japan's Nikkei 225 index fell by nearly 5%. Shigeru Ishiba's( member of the house of representitives) recent victory has raised concerns about potential interest rate hikes. Major altcoins like ETH and BNB also declined, with meme coins such as DOGE and SHIB experiencing steeper corrections. #BTCâ #MarketDownturn #Dyor2024 #doge⥠#shibaâĄ
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One of the most widely anticipated forecasts is that the cryptocurrency market capitalization will reach $8 trillion by 2025. As of today, the market cap stands at $2.25 trillion. If this prediction proves accurate, it would represent a growth of more than 250% in just a year. #MarketCapRace #MarketDownturn #BTCâ
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The Crypto Fear & Greed Index has returned to greed territory, reaching its highest level since July with a strong score of 64. #cryptobearish #MarketDownturn #BTCâ #GreedIndex
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ETF Largest Single-Day #Bitcoinâ Inflows Since Launch đșđž Ark $ARKB ETF bought 3089 #BTC worth $203.1M yesterday. đ„ #BTCâ #MarketDownturn
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BONK price is poised for a 30% increase, driven by a bullish double-bottom pattern and rising investor confidence. Bitcoin price surged to $65,000, lifting major altcoins, including BONK. BONK is nearing a breakout from the $0.000023 neckline resistance, signaling a potential prolonged rally. A successful breakout could lead to a 34% rally, targeting $0.000031 and $0.0000338. A bearish crossover between the 100-and-200-day EMAs could delay the breakout, potentially leading to consolidation. #BONKđ„đ„ #MarketDownturn #Dyor2024
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