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morrkes

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Bitcoin Market Cap Reaches $1.771 Trillion, Overtaking Silver
Bitcoin Market Cap Reaches $1.771 Trillion, Overtaking Silver
Last week BlackRock bought BTC for 1 billion dollars🏆
Last week BlackRock bought BTC for 1 billion dollars🏆
Bitcoin is approaching its ATH of $73,770 but interest in Google searches is only 23% of the peak value in 2021, indicating low interest from retail investors👀
Bitcoin is approaching its ATH of $73,770 but interest in Google searches is only 23% of the peak value in 2021, indicating low interest from retail investors👀
Bitcoin fell short of ATH by literally $100 😀Historical maximum of $73,770 was set on March 14, 2024.
Bitcoin fell short of ATH by literally $100

😀Historical maximum of $73,770 was set on March 14, 2024.
Bitcoin has risen 16% in the last 10 days. +8.3% in October✅
Bitcoin has risen 16% in the last 10 days.

+8.3% in October✅
One of the indicators for assessing the trend of Bitcoin, MVRV Momentum, has become bullish again🟢
One of the indicators for assessing the trend of Bitcoin, MVRV Momentum, has become bullish again🟢
CME Bitcoin Futures Open Interest Hits Record High of $12.0 Billion🔼
CME Bitcoin Futures Open Interest Hits Record High of $12.0 Billion🔼
Inflow to accumulation addresses reached 56,700 BTC. Phase 4 begins?
Inflow to accumulation addresses reached 56,700 BTC. Phase 4 begins?
Over the last 24 hours, most coins have shown growth 🟢 The most significant changes: - DYDX +20.6% - APE +18.7% - MEW +17.3%
Over the last 24 hours, most coins have shown growth 🟢

The most significant changes:
- DYDX +20.6%
- APE +18.7%
- MEW +17.3%
Tesla Transferred $225 Million in BTC to Unknown Wallets⚡️ Arkham reports that over 3,000 BTC have been transferred from the company's wallets. This is the first transfer in 2 years.
Tesla Transferred $225 Million in BTC to Unknown Wallets⚡️

Arkham reports that over 3,000 BTC have been transferred from the company's wallets. This is the first transfer in 2 years.
Whales continue to accumulate coins🐋 Last week, institutional wallets, excluding miners and exchanges, were recorded to have accumulated over 67,000 coins over a 30-day period.
Whales continue to accumulate coins🐋

Last week, institutional wallets, excluding miners and exchanges, were recorded to have accumulated over 67,000 coins over a 30-day period.
BTC Demand Has Surged, Showing Its Fastest Rate Since April 2024🪙
BTC Demand Has Surged, Showing Its Fastest Rate Since April 2024🪙
The average purchase price of new whales is $62,200. The average purchase price of old whales is $26,900. In essence, a second cluster of purchases has formed at the current levels of this cycle.
The average purchase price of new whales is $62,200. The average purchase price of old whales is $26,900.

In essence, a second cluster of purchases has formed at the current levels of this cycle.
Bitcoin Open Interest Reaches New All-Time High of $19.8 Billion This trend indicates a growing influx of liquidity and increased attention to the cryptocurrency market.
Bitcoin Open Interest Reaches New All-Time High of $19.8 Billion

This trend indicates a growing influx of liquidity and increased attention to the cryptocurrency market.
Spot Bitcoin ETFs saw $555.86 million in inflows yesterday, the best result since early June🟢
Spot Bitcoin ETFs saw $555.86 million in inflows yesterday, the best result since early June🟢
Note the strong correlation between whale holdings and the price of Bitcoin. Interestingly, while BTC has risen from $54,000 to $66,000 in the last week, whales have redistributed over 70,000 BTC worth approximately $4.2 billion.
Note the strong correlation between whale holdings and the price of Bitcoin.

Interestingly, while BTC has risen from $54,000 to $66,000 in the last week, whales have redistributed over 70,000 BTC worth approximately $4.2 billion.
Demand for buying coins from new investors has resumed, increasing by 3% over the past 10 days, this is a positive signal for the market🪙
Demand for buying coins from new investors has resumed, increasing by 3% over the past 10 days, this is a positive signal for the market🪙
Global money supply M2 continues to grow, ahead of the peak of the previous cycle.
Global money supply M2 continues to grow, ahead of the peak of the previous cycle.
ETH open interest is near a new high, although the price is nowhere near ATH🔹
ETH open interest is near a new high, although the price is nowhere near ATH🔹
Over the last 24 hours, most assets have shown a decline 🔴 The most significant changes: - WLD -12.1% - POPCAT -11.2% - BRETT -10.2%
Over the last 24 hours, most assets have shown a decline 🔴

The most significant changes:
- WLD -12.1%
- POPCAT -11.2%
- BRETT -10.2%
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