Fraz (@terwqa) • Hey
Fraz (@terwqa) • Hey
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- Bitcoin (BTC) surged 7.44% on Wednesday (May 15), closing the session at $ 66,168.
US inflation and retail sales figures fueled investor bets on a September Fed rate cut, driving buyer demand for BTC-spot ETFs and BTC.
On Thursday (May 16), US economic data, FOMC member commentary, and BTC-spot ETF flow trends need consideration.
- Bitcoin (BTC) ended the Saturday (May 11) session flat at $ 60,878.
Hawkish Fed commentary, and BTC-spot ETF market flow trends for Friday continued affecting buyer demand for BTC.
On Sunday (May 12), SEC chatter and concerns about the Fed interest rate trajectory on the US BTC-spot ETF market could influence BTC price trends.
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- Bitcoin (BTC) rallied 6.42% on Friday (May 3), closing the session at $ 62,938.
The US Jobs Report drove buyer demand for BTC-spot ETFs and BTC.
On Saturday (May 4), BTC-spot ETF market figures for Friday (May 3) will need consideration.
- Bitcoin (BTC) advanced by 1.16% on Thursday (May 2), closing the session at $ 59,142.
HK BTC and ETH-spot ETF inflows delivered support amidst outflows from the US BTC-spot ETF market.
On Friday (May 3), investors should consider the US Jobs Report, ISM Services PMI, and influence on the US BTC-spot ETF market.
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- Bitcoin (BTC) slipped by 0.57% on Tuesday (April 23), ending the session at $ 66,496.
BTC-spot ETF market flow data impacted the buyer appetite for BTC.
On Wednesday (April 24), BTC-spot ETF market flow data for the session needs consideration as the SEC delays its decision on the Grayscale ETH Trust (ETHE) rule change.
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- Bitcoin (BTC) slipped by 0.57% on Tuesday (April 23), ending the session at $ 66,496.
BTC-spot ETF market flow data impacted the buyer appetite for BTC.
On Wednesday (April 24), BTC-spot ETF market flow data for the session needs consideration as the SEC delays its decision on the Grayscale ETH Trust (ETHE) rule change.
- Bitcoin (BTC) slipped by 0.15% on Sunday (April 21), ending the session at $ 65,067.
Investors hit the pause button on Sunday, with the focus returning to demand after the Bitcoin Halving event.
On Monday (April 22), BTC-spot ETF market flow data needs consideration.
- Bitcoin (BTC) advanced by 0.54% on Friday (April 19), closing the session at $ 63,920.
Intensifying geopolitical tensions in the Middle East sent BTC to sub-$ 60,000 before reversing losses on the approaching Halving event.
On Saturday (April 20), investor sentiment toward the Bitcoin Halving, BTC-spot ETF market flow data for Friday (April 19), and news from the Middle East need consideration.
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- The fourth Bitcoin halving event is almost upon us with, if history is any indicator, the cryptocurrency likely to see a post-halving surge.
Bitcoin halving is an event that takes place approximately every four years, which sees the number of bitcoins released as mining rewards decrease by 50%. Currently the Bitcoin reward is 6.25 BTC. However, after the fourth halving, the reward will fall to 3.125 BTC.
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As a result, the amount of Bitcoins in circulation becomes even scarcer, causing a surge in demand amongst investors. This is mainly because Bitcoin has a finite supply, with only a maximum of 21 million coins in circulation forever.
- The top crypto prices today witnessed a mixed action as the Bitcoin (BTC) price surged past the $ 62,000 level. In contrast, the Ethereum (ETH) price struggles to sustain above the $ 3,000 mark. Meanwhile, other top altcoins, such as Cardano (ADA) and XRP plunged notably while Solana (SOL) rebounded.
- The top crypto prices today witnessed a mixed action as the Bitcoin (BTC) price surged past the $ 62,000 level. In contrast, the Ethereum (ETH) price struggles to sustain above the $ 3,000 mark. Meanwhile, other top altcoins, such as Cardano (ADA) and XRP plunged notably while Solana (SOL) rebounded.
- Bitcoin (BTC) gained 3.63% on Thursday, closing the session at $ 63,574.
BTC-spot ETF market flow data for April 17 briefly impacted buyer demand before dip buyers restored the $ 63,000 handle.
On Friday, reports of explosions at an Iranian airport sent BTC and the broader market into the red as the Bitcoin Halving loomed
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