The strength of BTC is being reinforced by ongoing signals of organized inflows
BTC is up 2.9% over 24 hours and has surpassed $80,000 in the latest report screenshot.
Also in that screenshot, the market recorded 8 consecutive days of net ETF outflows, reinforcing the view that demand for large-cap crypto assets remains resilient.
ETH is also up 2.9% and has reclaimed $2,500, while balances on exchanges are reported near the lows of the current period, indicating that liquidity supply remains scarce.
Market impact: Positive for the broader market, as the strength of BTC and ETH typically improves risk appetite across the entire crypto market.
BTC is up 2.9% over 24 hours and has surpassed $80,000 in the latest report screenshot.
Also in that screenshot, the market recorded 8 consecutive days of net ETF outflows, reinforcing the view that demand for large-cap crypto assets remains resilient.
ETH is also up 2.9% and has reclaimed $2,500, while balances on exchanges are reported near the lows of the current period, indicating that liquidity supply remains scarce.
Market impact: Positive for the broader market, as the strength of BTC and ETH typically improves risk appetite across the entire crypto market.