Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Bitcoin (BTC) surges to new heights amid strong capital inflows
ADOPTION NEWS

Bitcoin (BTC) surges to new heights amid strong capital inflows

By Crypto FlexsNovember 25, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin (BTC) surges to new heights amid strong capital inflows
Share
Facebook Twitter LinkedIn Pinterest Email

lawrence jenga
November 21, 2024 03:09

The price of Bitcoin hit a record high of $93,000 on the back of $62.9 billion in capital inflows, and ETFs are playing an important role in stabilizing the market.





Bitcoin (BTC) continues its impressive upward trajectory, reaching an all-time high (ATH) of $93,000. The surge was driven by strong capital inflows, totaling $62.9 billion over the past 30 days, according to Glassnode. These inflows are mainly due to increased demand in exchange traded funds (ETFs) and spot markets.

Capital inflows and market dynamics

Since the start of November, Bitcoin has consistently set new ATHs, reflecting a pattern reminiscent of previous cycles between 2015-2018 and 2018-2022. This consistency provides insight into Bitcoin’s macro price behavior and market structure. Historical data suggests that bull markets can last anywhere from 4 to 11 months, which provides a framework for analyzing the current market.

Bitcoin’s market capitalization soared to $1.796 trillion, surpassing major global assets such as silver and Saudi Aramco. The cryptocurrency now trails Amazon by just 20%, marking a potential next milestone among the world’s most valuable assets.

The Role of ETFs in Market Stability

The ETF absorbed about 90% of the selling pressure from long-term holders (LTHs) during the recent surge. This highlights the growing importance of institutional buyers in maintaining market liquidity and stability. From October to mid-November, ETFs saw weekly inflows of $1 billion to $2 billion, supporting significant institutional demand.

Nonetheless, recent data shows that LTH sell-side pressure is starting to outpace ETF inflows, similar to the pattern seen in early 2024. These imbalances can lead to increased market volatility.

Impact on long-term holders and markets

Long-term holders have played a pivotal role in the current market dynamics, with 128,000 BTC sold between October 8 and November 13. This activity is common because LTH tends to profit when prices are good. The Net Unrealized Profit/Loss (NUPL) indicator currently stands at 0.72, indicating that sentiment is still being gauged and there is potential for further market growth.

Bitcoin price has surpassed the +350% profit band, sparking significant profit taking among LTHs. Historically, this phase marks the beginning of a severe bull market and could potentially lead to further price increases.

conclusion

The recent Bitcoin rally, fueled by significant capital inflows and institutional demand, highlights the changing dynamics of the cryptocurrency market. The market is poised to continue growing, although the balance between LTH selling and ETF buying remains to be seen in the coming months, as ETFs play a key role in absorbing sell-side pressure.

Image source: Shutterstock


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

It flashes again in July

July 6, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025
Add A Comment

Comments are closed.

Recent Posts

Encryption responded to US-Vietnamese trade transactions. BTC wiped $ 110K

July 13, 2025

Rich Miner plan aims to audit a stable encryption.

July 12, 2025

Tethers in September, completing USDT support for Omni, Bitcoin Cash SLP, KUSAMA, EOS and Algorand

July 12, 2025

21.72% of encryption in the second quarter of 2025

July 11, 2025

Arthur Hayes will continue to predict the super -large Altcoin season.

July 11, 2025

Watt protocol audit summary -ACKEE blockchain

July 11, 2025

MultiBank Group Confirms $MBG Token TGE Set For July 22, 2025

July 11, 2025

BTC, LTC, XRP and other crypto hobby holders can earn $5282 per day – SWL Miner

July 11, 2025

What It Means For Crypto Investors

July 11, 2025

PUMP.FUN tokens are traded at 40% premium at ICO prices.

July 11, 2025

Mine Bitcoin And Dogecoin For Free With DL Mining! UK Compliance Platform Officially Opened

July 11, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Encryption responded to US-Vietnamese trade transactions. BTC wiped $ 110K

July 13, 2025

Rich Miner plan aims to audit a stable encryption.

July 12, 2025

Tethers in September, completing USDT support for Omni, Bitcoin Cash SLP, KUSAMA, EOS and Algorand

July 12, 2025
Most Popular

BNB chain hosting a hacker house at the ETH OXFORD 2025 event

February 5, 2025

NVIDIA AI Workbench improves collaboration and prototyping in hybrid environments.

November 6, 2024

Aligned Layer raised $20 million from Hack VC, DAO5, L2Iterative, FinalityCap, and others.

April 25, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.