Tag: MPI

Bitcoin surged to a new all-time high of $118,800 amid record-breaking ETF inflows and growing institutional demand

By YDN Key Points: Bitcoin surged to a new all-time high of $118,800 amid record-breaking ETF inflows and growing institutional demand. On July 10 alone, U.S. spot BTC ETFs recorded $1.18 billion in daily inflows—the second-highest since launch. BlackRock’s IBIT and Fidelity’s FBTC led the charge, with combined inflows exceeding $770 million on that day. […]

Over 3,090 BTC, valued at roughly $325 million, were withdrawn from Binance in a single day- What do you think of this?

By coinspy Over 3,090 BTC, valued at roughly $325 million, were withdrawn from Binance in a single day, highlighting robust accumulation. The MVRV ratio stands at 2.33, below the historical profit-taking threshold, suggesting Bitcoin is not yet overextended. Open Interest in derivatives has jumped 8.32% to $34.87 billion, indicating traders are positioning for increased volatility. […]