Bitcoin Leads Inflow Surge with $436M as Market Anticipates Federal Reserve Rate Cut

BTC

BTC/USDT

$84,310.01

-1.85%

$84,310.01

-1.85%

(24s)

24h Volume

$26,028,910,396.97

24h H/L

$87,278.54 / $83,864.07

Change: $3,414.47 (4.07%)

Long/Short

53.8%

Long: 53.8%Short: 46.3%

Funding Rate

+0.0055%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$85,562.01

▼ -0.75%

Volume (24h): -

Resistance Levels

Resistance 3$94,549.91

Resistance 2$87,838.94

Resistance 1$86,021.12

Price$85,562.01

Support 1$85,309.17

Support 2$83,705.57

Support 3$81,741.54

Pivot (PP):$86,013.39

Trend:Uptrend

RSI (14):69.7

According to a recent report by COINOTAG, data from CoinShares revealed that digital asset investment products experienced an influx of $436 million in the last week. This substantial capital inflow is attributed to a marked shift in market sentiment, driven by expectations that the Federal Reserve could potentially reduce interest rates by 50 basis points. Such a surge in inflows underscores growing investor confidence in the digital asset sector amidst evolving financial policies.