In the past year 2024, the price of #BTC rose by more than 120% and broke a new historical maximum above the level of $108 thousand. After a negative 2022, this is the second positive year for BTC in a row. For the most part, such active growth was associated with a capital influx from large funds, which amounted to $35.2 billion. Likely with the overall adoption of BTC in the world, as well as Trump's pro-cryptocurrency policy, 2025 may repeat last year's success.
#BitwiseBitcoinETF Bitwise Bitcoin ETF — is a type of exchange-traded fund (ETF) that allows investors to gain exposure to the price changes of bitcoins without the need to directly own or manage bitcoins. This fund operates within a regulatory framework, helping to protect investors and maintain market stability. Bitwise has applied to create an ETF that will invest in publicly traded companies with large market capitalizations and ownership of at least 1000 bitcoins. Investing in a bitcoin ETF can help traditional investors gain easier and safer access to the cryptocurrency market.
Dominance at peak 58.4% and should start to decline soon🔻
Altcoin index is in the process of a bounce, but looks weak, still in question.
All alts are at the bottom and there is currently no dominance below 58%, there's nothing to catch in them.
The US market is very positive and has returned to its maximum 📈
The dollar index is rising and this is negative for crypto🔻
Mining companies are falling more than they are rising, also negative 🔻
✅Conclusion: based on the factors, the decline may continue for some time and then there will be a reversal. I believe that BTC will not go below 89000 and we will see a new wave of growth!
$BNB (Binance Coin) — is the native cryptocurrency of the Binance ecosystem, one of the largest cryptocurrency exchanges in the world. It was originally launched in 2017 as an ERC-20 token on the Ethereum blockchain, but later migrated to Binance Chain, and now also to Binance Smart Chain (BSC). Key points about $BNB : 1. Utility: Used to pay transaction fees on the Binance Exchange, often with discounts. Used in DeFi protocols, staking, and liquidity pools on Binance Smart Chain. 2. Burning mechanism: Binance uses a portion of its profits to buy back and "burn" BNB, reducing its supply and increasing scarcity. 3. Ecosystem: Supports a variety of applications, including decentralized finance (DeFi), NFTs, and gaming projects. 4. Price volatility: Its value depends on the growth of the Binance ecosystem and overall trends in the cryptocurrency market.
Bitcoin ETFs saw net inflows the day after Christmas, halting four days of outflows totaling more than $1.5 billion.
11 Bitcoin ETFs saw a combined net inflow of $475.2 million on December 26. US markets were closed on December 25 for Christmas, so funds only began accumulating BTC on the 26th, following large outflows earlier this week.
📊Trump-linked Strive files for a “Bitcoin Bond” ETF. The fund aims to offer investments in MicroStrategy’s convertible bonds, among other things.
🔼BTC could rebound in the coming days, according to CryptoQuant, as the metric signals rising buying pressure. BTC’s rally could be driven by strong spot market demand.
Bitcoin ETFs saw net inflows the day after Christmas, halting four days of outflows totaling more than $1.5 billion.
11 Bitcoin ETFs saw a combined net inflow of $475.2 million on December 26. US markets were closed on December 25 for Christmas, so funds only began accumulating BTC on the 26th, following large outflows earlier this week.
📊Trump-linked Strive files for a “Bitcoin Bond” ETF. The fund aims to offer investments in MicroStrategy’s convertible bonds, among other things.
🔼BTC could rebound in the coming days, according to CryptoQuant, as the metric signals rising buying pressure. BTC’s rally could be driven by strong spot market demand.