60% of coins are falling in the market, but ETFs and large players continue to bet on BTC.
The current price of BTC on OKX is $79,230, down 1.94% over the past 24 hours.
ETH is $2,467, down 1.94%.
$SOL is $97.51, down 4.19%.
$HYPE is rising despite the trend by 2.19% to $81.75.
$OKB is trading around $114.6.
Total market capitalization is about $2.67T, down 3.81% over the last 24 hours; 452 coins are gaining, while 739 are falling.
The spot ETF at $BTC has recorded net inflows for the 7th day in a row; on August 24, $338M was attracted.
Gold and BTC ETFs are back in the top-10 by trading volume, while the AI sector fell by 2.22%,
indicating a shift of capital from growth to hard assets.
According to the news, Galaxy is simultaneously rolling out BTC- and $ETH - and SOL-backed lending, increasing the efficiency of using coins and bringing more leverage to the market.
Garrett Jin also increased his position by 600 BTC at a price of $79K; it looks like he’s betting on the upcoming rally,
by sectors: DeFAI is up 2.22%, PerpDEX up 1.52%, PayFi down 4.84%, and the Sui ecosystem down 7.47%.
Overall, the market is stable only thanks to BTC; there’s still no broad-based strengthening. Holding key levels and the continued ETF inflow are the key to further growth.
The current price of BTC on OKX is $79,230, down 1.94% over the past 24 hours.
ETH is $2,467, down 1.94%.
$SOL is $97.51, down 4.19%.
$HYPE is rising despite the trend by 2.19% to $81.75.
$OKB is trading around $114.6.
Total market capitalization is about $2.67T, down 3.81% over the last 24 hours; 452 coins are gaining, while 739 are falling.
The spot ETF at $BTC has recorded net inflows for the 7th day in a row; on August 24, $338M was attracted.
Gold and BTC ETFs are back in the top-10 by trading volume, while the AI sector fell by 2.22%,
indicating a shift of capital from growth to hard assets.
According to the news, Galaxy is simultaneously rolling out BTC- and $ETH - and SOL-backed lending, increasing the efficiency of using coins and bringing more leverage to the market.
Garrett Jin also increased his position by 600 BTC at a price of $79K; it looks like he’s betting on the upcoming rally,
by sectors: DeFAI is up 2.22%, PerpDEX up 1.52%, PayFi down 4.84%, and the Sui ecosystem down 7.47%.
Overall, the market is stable only thanks to BTC; there’s still no broad-based strengthening. Holding key levels and the continued ETF inflow are the key to further growth.