Buying pressure from ETF flows has strengthened crypto market sentiment, elevating Bitcoin to a 24-hour high of $87,360. Aggregate market capitalisation experienced an increase of over one percent, driven by a significant liquidation of short positions alongside a widespread rally in the cryptocurrency market. Amidst the tech-driven surge on Wall Street, Bitcoin Spot ETF products … Read more
The crypto market capitalization experienced an increase of more than a percent in the past 24 hours, even as global markets focused on the geopolitical tensions in the Middle East. A decrease in bearish positions, driven by optimism for U.S.-Iran peace talks and the possible reopening of the Strait of Hormuz, sparked a short squeeze … Read more
Over $290 million flowed out of Bitcoin ETFs last week as a widespread “risk-off” sentiment persists in global markets, driven by escalating geopolitical and macroeconomic pressures. Farside Investors’ data reveals that between March 24 and March 27, there were cumulative weekly outflows totaling approximately $296 million, primarily driven by significant redemptions from BlackRock’s IBIT and … Read more
