BTC 🌞 Upside, Timeframes Prove That the Bullish Run Continues!
The crypto rally witnessed since mid-January continues unabated. The price of Bitcoin reached another all-time high at $72,800 on Tuesday, and is now up 70 percent since the beginning of the year.
Parts of this massive rise has been driven by record inflows into digital asset funds such as the nine spot Bitcoin exchange traded funds (ETFs) approved by the Securities and Exchange Commission (SEC) two months ago.
“BTC ETF volumes have been soaring, we’re due for a halving and the broader crypto market is following BTC's lead (as has historically been the case),” the CEO of Ripple Labs, Brad Garlinghouse, said. Ripple is the issuer of the cryptocurrency XRP, which saw its price rise 15 percent to $0.698 over the past 24 hours.
Last week, weekly inflows into digital asset investment products reached a whopping $2.7 billion. This brings the total inflow since the beginning of the year to $10.3 billion, just below the record $10.6 billion inflows for the whole of 2021, CoinShares reports.
A bullish sun will shine over both Bitcoin and Ether in the next 24 hours and week, indicating further upside potential, ATTMO forecasts.
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Parts of this massive rise has been driven by record inflows into digital asset funds such as the nine spot Bitcoin exchange traded funds (ETFs) approved by the Securities and Exchange Commission (SEC) two months ago.
“BTC ETF volumes have been soaring, we’re due for a halving and the broader crypto market is following BTC's lead (as has historically been the case),” the CEO of Ripple Labs, Brad Garlinghouse, said. Ripple is the issuer of the cryptocurrency XRP, which saw its price rise 15 percent to $0.698 over the past 24 hours.
Last week, weekly inflows into digital asset investment products reached a whopping $2.7 billion. This brings the total inflow since the beginning of the year to $10.3 billion, just below the record $10.6 billion inflows for the whole of 2021, CoinShares reports.
A bullish sun will shine over both Bitcoin and Ether in the next 24 hours and week, indicating further upside potential, ATTMO forecasts.
Follow us for more crypto news and weather reports!
Find out more detailed forecasts at www.attmo.ai/