Bitcoin ETFs mark first positive inflow in 2 weeks though BlackRock sees 3rd outflowMixed results for Bitcoin ETFs: BlackRock and Grayscale post losses amid $28.6 million inflow.
Happy Tuesday!The global crypto market cap is $2.01 trillion, with a 24-hour volume of $67.92 billion. The price of Bitcoin is $57,035.72, and BTC market dominance is 56.0%. The price of Ethereum is $2,345.71, and ETH market dominance is 14.0%. The best-performing sector is Transportation, which gained 15%. The Crypto Fear & Greed Index is currently Extreme Fear (33). 📰 Top News
Bitcoin ETFs mark first positive inflow in 2 weeks though BlackRock sees 3rd outflowMixed results for Bitcoin ETFs: BlackRock and Grayscale post losses amid $28.6 million inflow. 👀 Metric of The Day
Over 3 million BTC are currently held on exchanges. Coinbase market share dips as smaller exchanges gain ground – KaikoDespite the decline, the top three US crypto exchanges by volume now control nearly 90% of the market. DePIN tokens down 30% over 6 months despite reaching $20 billion market cap — MV GlobalThe negative performance was still better than 16 out of 20 different sectors of the crypto market, according to Artemis data. Bitwise CIO highlights rapid adoption of Bitcoin ETFs by advisorsNearly $1.5 billion in advisor-driven inflows make BlackRock’s Bitcoin ETF one of the fastest-growing funds in 2024.
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Bitcoin’s historical performance: September dips and year-end ralliesCryptoSlate's latest market report dives deep into Bitcoin's historical monthly and quarterly returns, focusing on the period between 2013 and 2024 to assess the likelihood of a similar pattern unfolding in 2024.
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