😱😱 Companies Accumulate Large Amounts.
• Bitcoin ETFs accumulated over 55 billion dollars in inflows, with positive flows during 29 of the 33 days
• BTC price consolidates in the range of 116,000 to 119,000 dollars with a market capitalization of 2.4 trillion dollars (surpassing Amazon)
• Technical indicators show a long-short ratio of 58.5% with regional divergence: Asia (+530.97) vs Europe (-634.01)
Main Institutional Drivers
• BlackRock leads with holdings of 746,486 BTC
• On July 28, inflows of 1,497 BTC were recorded, followed by 1,163 BTC on July 29
• Regulatory framework of the GENIUS Act that facilitates greater institutional participation
$BTC
$BNB
#blackRock
#etf
#BTC
