BREAKING
512d 7h ago

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

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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.

Share News:
Don't Miss Breaking News