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.

cls.cnJan 7 21:23

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.

Futu NewsJan 7 22:09

The surge in U.S. Treasury yields is hitting risk Assets, and the Cryptos market is affected.

The price of Bitcoin has dropped significantly, due to the surge in USA Treasury yields putting pressure on risk assets overall.

Zhitong Finance06:00

Shares of Companies Within the Broader Technology Sector Are Trading Lower Amid Overall Market Weakness Following Recent Economic Data and a Rise in Yields. Also, the Sector May Be Falling in Response to a Recent Pullback in NVIDIA as Investors...

Benzinga02:39

Roth MKM Maintains Core Scientific(CORZ.US) With Buy Rating, Maintains Target Price $25.5

Futu NewsJan 7 21:31 · Ratings

Core Scientific Inc (CORZ) Gets a Buy From Roth MKM

TipRanksJan 7 21:05 · Ratings