#BinanceHerYerde
According to the latest situation, while IBIT is reported to hold 281,883 BTC, this investment product is very close to GBTC, which has 289,500 BTC. If the current trend continues, BlackRock is expected to take the leadership in the ETF market from Grayscale.
Blockchain analysis company Glassnode, in its report, emphasized the decrease in volatility as the selling pressure in the Bitcoin market decreased. Glassnode analysts pointed out that fund inflows remained low while the selling pressure decreased, and predicted that the resulting squeeze could result in a larger price movement in the near future.
Latest situation in Bitcoin
Bitcoin set its record level in the $73,000 region after approximately 6 months of upward trend. The cryptocurrency, which then entered the correction phase, found significant support by seeing weekly closings above $ 60,000 for the last 6 weeks.
$BTC $REEF