Keynote
- SPOT BTC ETFS has earned $ 774 million per share.
- Most inflows are from Ibit Fund in BLACKROCK.
- Bitcoin crossed $ 87,000.
Spot Bitcoin
BTC
$ 87 337
24H volatility:
3.6%
Market capital:
$ 1.73 t
Vol. 24H:
$ 18.36 b
The US ETF recorded a strong inflow of two months per week between March 17 and 21, causing major digital assets.
Their weekly trading amounted to $ 9.5 billion.
According to the data provided by SOSOVALUE, the first week of the US -based investment product was the first instant instantaneous inflow of the US -based investment product after the leak of five consecutive weeks.
BLACKROCK’s IBIT FUND has contributed to $ 550 million per share, with $ 136.5 million of FIDELITY’s FBTC ETF for the same period.
Thanks to the latest inflow, the total net inflow of SPOT BTC ETF surpassed $ 36 billion.
Ether Leeum based in the United States
ETH
$ 2 085
24H volatility:
3.6%
Market capital:
$ 251.41 b
Vol. 24H:
$ 10.89 b
On the other hand, the ETF continued to spill a $ 12.9 million weekly leak for four consecutive weeks.
Bitcoin violates $ 87,000
The inflow of SPOT BTC ETFS was one of the main causes of Bitcoin’s strong momentum.
Last week, Jerome Powell, chairman of the US Federal Reserve, announced at the US Federal Open Market Committee’s meeting that interest rates would remain from 4.25%to 4.50%.
In addition, US President Donald Trump’s speech at Digital Asset Summit in New York City in North Javits has strengthened positive driving power in the cryptographic market. Trump said that the United States will “dominate” the industry as the United States supports Bitcoin and Staybles.
The positive event set helped Bitcoin to break the integration range between $ 80,000 and $ 83,000. Major digital assets have risen 3.3% over the last 24 hours and are trading around $ 87,000 at the time of writing.
Bitcoin’s market cap is more than $ 1.7 trillion, with a daily trading volume of $ 18.6 billion.
The main Altcoin Ether Leeum has reached $ 2,070 according to the rally of the entire market. According to the data provided by CoinmarketCap, the market cap of Global Crypto has risen 3.2% and is emerging at $ 2.85 trillion.
At this point, Bitcoin must break the $ 90,000 psychological barrier to continue the upward momentum. But suddenly falling less than $ 84,000, digital gold can be lowered to $ 80,000.
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disclaimer: Coin speakers are doing their best to provide a prejudice and transparent report. This article aims to provide accurate and timely information, but should not be considered financial or investment advice. Since market conditions can change rapidly, it is better to check the information and consult with experts before making a decision based on this content.
Wahid has analyzed, reports, and reported the latest trends in the ecosystems distributed since 2019. He has more than 4,000 articles in his name, and his work has appeared in major stores, including Yahoo Finance, Investing.com, Cointelegraph and Benzinga. In addition to reporting, Wahid likes to connect the dot between the newsletter on chain monk’s defi and macro.
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