Bitcoin is trying to get closer to $68,500
The cryptocurrency market is adding minimally on Friday. At the time of publishing this review, bitcoin (BTC) was trading at $68,386.
Ether (ETH) rose to $3743 due to low activity of Asian traders. Dogecoin (DOGE), Cardano (ADA) and Toncoin (TON) are rising in value.
U.S. stock futures also declined moderately during Asia-Pacific trading as investors reassess strategy ahead of the release of inflation data, CNBC reported.
Futures on the S&P 500 and Nasdaq fell 0.3 percent. Trading in the U.S. the day before ended with the Dow Jones indicator sagging more than 300 points.
Capital also withdrew from the shares of technology companies, the performance of which is reflected in the stock indexes S & P 500 and Nasdaq.
In the market of spot bitcoin-ETF there was a redistribution of capital in favor of the IBIT fund from BlackRock. Now it has become the largest holder of BTC, while GBTC from Grayscale dropped to the second place.
IBIT manages $19.68 billion worth of digital currency, while GBTC accumulated $19.65 billion worth of bitcoins, Bloomberg reports.
Since the launch of exchange-traded cryptofunds ETFs investing in BTC, the volume of capital investments in such instruments amounted to $58.5 billion.#BTC☀ #bitcoin☀️ #etherreum #ETHETFsApproved #btc70k $BTC $ETH