Crypto Market News:
ETF inflows on July 24 saw purchases of $226.7M of BTC$ and $231.2M of $ETH
🔹 The continued demand for funds confirms that the market is still in a strong accumulation phase
🟢 JPMorgan said: inflows into crypto have exceeded $60 billion since the beginning of the year
🔹 Reason? Regulatory developments in the U.S. and increased interest in IPOs and alternative currencies
🟢 The $ETH reserve strategy has reached $8.52 billion 🔥
🔹 Supported by 61 entities, reflecting increasing confidence in the long-term future of the currency
🟢 New predictions from Citi: the expected price for BTC by the end of the year is $135,000
🔹 In case of excessive optimism, we could reach $199,000
🟢 Huge companies like GalaxyDigital moved about 30K $BTC to exchanges
🔹 They still have a large reserve totaling 11.5K BTC
#bitcoin #Binance #crypto #MarketSentimentToday #NFTMarketWatch
