Bull markets are about positive dangling carrots and we see plenty ahead for Bitcoin and Ethereum. The launch of Bitcoin ETFs in the U.S. appears as an iteration to get to what may better facilitate most investors -- ETFs tracking the crypto market, like the S&P 500.
The timing of the ETFs are not a coincidence - but rather an 'opening of the door' for large funds to capitalize on what is about to occur over the next quarter. All big news has likely been on hold. Buckle up 🧨
The timing of the ETFs are not a coincidence - but rather an 'opening of the door' for large funds to capitalize on what is about to occur over the next quarter. All big news has likely been on hold. Buckle up 🧨
BTC’s relative share of spot trading volume across some of the largest crypto assets is lower now than it was at times earlier in the year. The chart below breaks down the daily spot trading volume on Coinbase by base asset and shows that newer listings such as Solana (SOL), Cardano (ADA), and Shiba Inu (SHIB) have captured significant shares of daily volume.
ETH’s share of total volume has also grown as DeFi and NFT adoption have ramped up. However, BTC’s share has been increasing over the last few weeks, perhaps signaling that retail traders are returning to the BTC market.
ETH’s share of total volume has also grown as DeFi and NFT adoption have ramped up. However, BTC’s share has been increasing over the last few weeks, perhaps signaling that retail traders are returning to the BTC market.
#MOVRUSDT
Seems a bullish flag on MOVR and more profit to come over if we break the pattern to upward.
Seems a bullish flag on MOVR and more profit to come over if we break the pattern to upward.