By Jordan Lyanchev The cryptocurrency market was essentially muted for many, many weeks. Ever since the May surge from BTC to over $82,000 and the subsequent crash to under $58,000 on July 1, the market has remained dull with little to no movement from the larger caps. Then it all changed within hours on Wednesday […]
Tag: BTC
By Jordan Lyanchev In a sudden but very impactful change in investor behavior, the spot exchange-traded funds tracking the largest cryptocurrency attracted almost $2 billion in fresh funds in the past five business days alone. The Ethereum counterparts also set a multi-month peak, gaining nearly $700 million within the same timeframe. Spot BTC ETFs Attract […]
By Jordan Lyanchev After gaining $15,000 in a few days, bitcoin was primed for a correction, and the asset has cooled off with a dip to $75,500, where it found some support. Most altcoins are also slightly in the red on a daily scale. HYPE, though, continues to defy the odds and has charted a […]