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The price of cryptocurrency leader Bitcoin (BTC) is trading around $61,000 on the 27th (Korean time).
According to CoinMarketCap, as of 6:32 p.m. on this day, the price of 1 Bitcoin was $60,959, down 0.87% from 24 hours ago.
Bitcoin temporarily retreated from the day's high of $61,951.81 to $60,580.78.
According to data from financial information platform Farside Investors, a total of $21.4 million was net inflow into the U.S. BTC spot ETF on the 26th (local time). This is a net inflow for two consecutive trading days.
On this day, there was a net inflow of $18.6 million to Fidelity FBTC, $4.3 million to Grayscale GBTC, and $3.4 million to VanEck HODL, while a net outflow of $4.9 million was seen from Ark21 Shares ARKB.
According to Cointelegraph, On-Chain College, an on-chain analyst with about 61,000 followers of Accordingly, the current section can be interpreted as a healthy adjustment (before the bull market transition).”
The Mayor Multiple is an index that compares the current price of BTC to the 200-day moving average. When the number is below 1, it means that the price is below the 200-day moving average, and when it is below 2.4, it is considered a buy signal.
In addition, QCP Capital, a Singapore-based cryptocurrency trading company, said through its official Telegram channel, "Bitcoin is expected to protect the $60,000 support line. The German government is slowing down the speed of BTC deposits to exchanges, and the BTC spot ETF is seeing net inflows. “The fact that he is standing is proof of that,” he analyzed.
