Forwarded from Kuch New For You 2.0 💥
Fresh inflows signal $BTC's next breakout toward $100K
Crypto liquidity is showing signs of improvement, with fresh capital beginning to flow into the market. If this trend continues, Bitcoin (BTC) may have little difficulty breaking through the $100,000 level, according to the Chart of the Day released on X on April 28 by Matrixport_EN. Early signs of a more aggressive fiat-to-crypto on-ramp are emerging, which could signal the beginning of a new bull market. A similar surge in inflows during October and November played a pivotal role in the previous rally. Traders should closely monitor this data, as a significant uptick is now emerging, Matrixport added
Crypto liquidity is showing signs of improvement, with fresh capital beginning to flow into the market. If this trend continues, Bitcoin (BTC) may have little difficulty breaking through the $100,000 level, according to the Chart of the Day released on X on April 28 by Matrixport_EN. Early signs of a more aggressive fiat-to-crypto on-ramp are emerging, which could signal the beginning of a new bull market. A similar surge in inflows during October and November played a pivotal role in the previous rally. Traders should closely monitor this data, as a significant uptick is now emerging, Matrixport added
🔥 Survey: 45.4% of Korean crypto investors expect Bitcoin to outperform gold over next six months
The U.S. SEC has officially approved the launch of ProShares Trust’s XRP ETF, which is scheduled to begin trading on April 30, 2025.