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The market enthusiasm is reignited! The spot Bitcoin ETF has attracted nearly 1 billion dollars in a single day, reversing the ongoing Outflow.
① Data from Farside Investors shows that last Friday, the single-day spot Bitcoin ETF attracted $0.9081 billion in funds, marking the largest single-day inflow since the end of November 2024; ② this single-day inflow reversed a trend of outflows that had persisted for several weeks; ③ Bitcoin's price is approaching $0.102 million, having risen 11% in a week, reflecting a resurgence of market optimism toward Bitcoin.
The crypto market is reigniting enthusiasm! Bitcoin has returned above 0.1 million dollars, and miners are stockpiling coins. Is the market preparing for the "Trump administration rally" in advance?
In fact, Bitcoin has a strong cyclical utility. From Historical Data, Bitcoin has shown considerable performance in the first quarter of the second year after each halving. Specifically, the first quarter of 2013 saw an increase of 539%, in 2021 an increase of 103%, and in 2017 an increase of 12%. The fourth halving will occur on April 20, 2024, so the market is closely monitoring Bitcoin's performance in the first quarter of 2025.
CleanSpark Options Spot-On: On January 7th, 122K Contracts Were Traded, With 1.29 Million Open Interest
On January 7th ET, $CleanSpark(CLSK.US)$ had active options trading, with a total trading volume of 122K options for the day, of which put options accounted for 14.67% of the total transactions, and
Shares of Crypto Stocks Are Trading Lower After Bitcoin Fell Back Below $100,000.
Bitcoin Mining Data Center IREN Says It Mined 529 BTC In Dec 2024 Vs. 379 BTC In Nov 2024
XRP and Other Cryptos Are Rising. Bitcoin Price Broke Through $100,000 -- Again