Hold on, institutional buyers quietly broke that awful streak while everyone was complaining about choppy price action. Big money seems way more comfortable sitting in this range than retail traders think.
I was reading decrypt.co and saw $BTC spot ETFs pulled in around $301 million in net inflows for the week. That broke an ugly two-week slump, even after two straight days of red at the finish.
It's interesting because the total value of all coins dipped -2.79% down to $2.69T. And Bitcoin share of that value is holding strong at 60.0%. Still, those weekly fund totals don't lie.
Do you think these weekly ETF totals show real strength under the surface, or is that late-week slump a sign of worse days ahead?
NFA | DYOR #BinanceSquare #WriteToEarn #Bitcoin #Crypto
I was reading decrypt.co and saw $BTC spot ETFs pulled in around $301 million in net inflows for the week. That broke an ugly two-week slump, even after two straight days of red at the finish.
It's interesting because the total value of all coins dipped -2.79% down to $2.69T. And Bitcoin share of that value is holding strong at 60.0%. Still, those weekly fund totals don't lie.
Do you think these weekly ETF totals show real strength under the surface, or is that late-week slump a sign of worse days ahead?
NFA | DYOR #BinanceSquare #WriteToEarn #Bitcoin #Crypto