Strongest 2-day flow to ETFs since mid-November with open interest itching higher as BTC sees a solid 7-day streak of positive daily returns.
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Bitcoin reclaims $100k
Seven back-to-back green days saw BTC book a 9% weekly gain as it reclaimed $100k. The new year has seen a revitalized demand for BTC after a Christmas selloff, as ETFs had net inflow days over 9,000 BTC in the past two trading days. MicroStrategy, on the other hand, has slowed down its purchases announcing on January
Bitcoin has faced a two-week drawdown of 16% in a strongly correlated sell-off to equity indices following the December 18 FOMC, with leverage and yields taking a nose dive. lg...more
Bitcoin crossed $100,000 in 2024, driven by the approval of U.S. Bitcoin ETFs, corporate acquisitions, and favorable political endorsements, notably from Donald Trumplg...more