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CryptoQuant Analyst: BTC Has Entered the Late Stages of a Bear Market; ETF Inflows Are Easing Market Pressure
Svmuu News: CryptoQuant analyst Axel Adler posted on X that Bitcoin has entered the late stages of a bear market cycle, with the ETF sector showing the first signs of easing pressure. During the latest trading session,U.S. spot Bitcoin ETFs recorded $223 million in net inflows, with the majority of funds flowing into Fidelity’s FBTC ($166 million) and ARK Invest’s ARKB ($91.8 million).
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
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Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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ETH inter-exchange spread reaches 1.11%
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Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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