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

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

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

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

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 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

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

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

June 28, 2025
Most Popular

‘Neutrality is important’ – Tether CEO refutes claims of building a ‘Tetherchain’

November 4, 2024

X Mining can reshape Bitcoin mining through staking.

January 30, 2024

Will Cardano’s DEX volume be enough to support ADA’s growth?

March 12, 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.