tldr; The cryptocurrency market added over $100 billion in 24 hours, with total market capitalization rising to $4.26 trillion. Bitcoin surged past $125,000, driven by $3.2 billion in spot ETF inflows, institutional demand, and optimism over potential U.S. rate cuts. Altcoins like Ethereum and Solana also saw gains. Bitcoin’s supply on exchanges hit a six-year low, indicating long-term investor confidence and reduced selling pressure, which could support further price increases.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
duckyTheFirst on
And already 40billion down since last time i checked today
DryMyBottom on
and it feels like there are still many more billions to come
Legitimate_Towel_919 on
I just hope no politicians suddenly decide to introduce insane taxes or start threatening financial wars again… and that no wild countries decide to start a new war tomorrow. Let’s hope for the best.🫠
MichaelAischmann on
Let’s do it again.
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Can it add to my portfolio instead?
tldr; The cryptocurrency market added over $100 billion in 24 hours, with total market capitalization rising to $4.26 trillion. Bitcoin surged past $125,000, driven by $3.2 billion in spot ETF inflows, institutional demand, and optimism over potential U.S. rate cuts. Altcoins like Ethereum and Solana also saw gains. Bitcoin’s supply on exchanges hit a six-year low, indicating long-term investor confidence and reduced selling pressure, which could support further price increases.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
And already 40billion down since last time i checked today
and it feels like there are still many more billions to come
I just hope no politicians suddenly decide to introduce insane taxes or start threatening financial wars again… and that no wild countries decide to start a new war tomorrow. Let’s hope for the best.🫠
Let’s do it again.