On December 27, 2024, the price of Bitcoin fluctuated around 96,000 USD, down about 3.4% in the last 24 hours.
The Bitcoin reserves on the Binance exchange have dropped below 570,000 BTC, the lowest level since January 2024, indicating that the supply on this exchange is decreasing.
Major investment funds such as BlackRock's IBIT, Fidelity's FBTC, and Grayscale's GBTC hold a total of approximately 954,610 BTC, accounting for 84% of the Bitcoin ETF market share, equivalent to 92 billion USD.
Additionally, six Bitcoin mutual funds are expected to launch in Israel on December 31, 2024, marking a new step in the acceptance of cryptocurrency in the global financial market.
Note that the cryptocurrency market is highly volatile; investors should closely monitor developments and the latest information to make informed decisions.
