fly! Bitcoin exceeded $60,000, Ethereum topped 2,400, and spot ETF net inflows exceeded 200 million mg

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The price of Bitcoin continued to fluctuate at the level of US$58,000 yesterday (29th). However, it started to rise after 8:30 p.m. and pulled back above US$60,000 at about 5:00 this morning. At the time of writing, it touched US$60,530. , up 4.46% in the past 24 hours.

BTC price trend|Source: Binance

Ethereum returns to $2,400

The trend of Ethereum is the same as that of Bitcoin. From a low of $2,342 last night, it reached a high of $2,464 in the morning. At the time of writing, it was trading at $2,430, up 3.19% in the past 24 hours.

ETH price trend|Source: Binance

CoinMarkeCap ​​data shows that the other top ten tokens have all risen in the past 24 hours. The largest increase was Dogecoin, which rose by 4.93%. Other tokens also increased by about 1.5% or more, but none were as good as Bitcoin. Performance.

Bitcoin spot ETF saw net inflow of US$260 million

While Bitcoin rose nearly 5% in a single day, the Bitcoin spot ETF also showed eye-catching data. SoSo Value data shows that Bitcoin spot ETFs had a total net inflow of US$260 million yesterday (13th) (data updated so far), of which Fidelity’s FBTC attracted more than US$102 million in a single day, the highest single-day since July 19 Net capital inflows hit a new high.

All four major U.S. stock indexes rise

In terms of U.S. stocks, the four major indexes collectively closed higher:

  • The Dow Jones index rose 297.01 points, or 0.72%, to close at 41,393.78 points, up 2.6% this week.
  • The Nasdaq index rose 114.3 points, or 0.65%, to close at 17,683.98 points, a cumulative gain of 5.95% this week
  • The S&P 500 index rose 30.26 points, or 0.54%, to close at 5,626.02 points, up 4.02% this week.
  • The Philadelphia Semiconductor Index rose 82.05 points, or 1.68%, to close at 4,980.49 points, a total increase of 8.31% this week.

Among them, the S&P 500 Index and the Nasdaq Index recorded their largest weekly gains since November last year, and the Dow Jones Index recorded their largest weekly gains in a month.

Large technology stocks had mixed gains and losses, with Intel, Google, and Netflix rising by more than 1%; Amazon, Meta, Nvidia, and Apple falling slightly; Trump Media, which had fallen sharply recently, rebounded and rose by more than 11% yesterday.

In the cryptocurrency sector, Coinbase closed up 0.098%, a weekly increase of 7.98%; MicroStrategy closed up 8.18%, a weekly increase of 18.83%; Bitcoin mining company Riot Platforms closed up 2.42%, a weekly increase of 9.59%.

The entire network liquidated 126 million magnesium, and 34,000 people were liquidated

Bitcoin's price rebounded to US$60,000, causing the cryptocurrency market to sell short orders. According to data from Coinglass, in the past 24 hours, the amount of cryptocurrency liquidation across the entire network exceeded US$126 million, and more than 34,000 people were liquidated.


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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