On Monday, the net inflow of the U.S. spot Bitcoin ETF was $61.98 million, while the total daily trading volume was $779.87 million, which is the lowest level since February 6 and also ranks third-low
CryptoQuant analyst Burak Kesmeci stated, "Two different on-chain indicators may suggest that we are currently in the late stage of ETH's pullback. Current data shows that Ethereum buyers are gradually regaining strength. However, whether this is just a temporary rebound or the beginning of a strong bounce led by bulls, only time will tell."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The "new Bond King" Gundlach warns: The next recession may trigger a US debt crisis, and US Treasury bonds will no longer be a safe haven.
The "new bond king" Jeffrey Gundlach has warned that the next round of economic downturn in the United States could trigger a debt crisis, pushing long-term U.S. Treasury yields sharply higher. This would break the decades-old conventional belief that bonds are always a safe haven during economic turbulence.
Nvidia (NVDA.US) further strengthens AI infrastructure by investing $2 billion in Brookfield (BAM.US) Global AI Fund, which aims to raise $10 billion.
Nvidia has invested $2 billion in the Global Artificial Intelligence Infrastructure Fund under Brookfield Asset Management.
LCNB Chief Wealth Officer Michael Miller to Retire
Loop Industries to Evaluate Alternatives, India Joint Venture Financing