Some recent interesting news from the world of cryptocurrencies:
$BTC surpasses $90,000: Bitcoin, which has been on a stable course since the beginning of the week, has risen above the psychological threshold of $90,000. It is claimed that the weakness of the US dollar is effective in this increase. Additionally, it is reported that the largest inflow in the last 3 months has been experienced in Bitcoin ETFs. Some analysts believe that Bitcoin has begun to behave more like gold than like a tech stock.
$ETH ETFs are experiencing outflows: It has been indicated that there has been a net outflow of more than $1.1 billion from exchange-traded funds related to Ethereum (ETFs) in the last seven weeks. This may indicate that institutional demand is decreasing. On the other hand, it is reported that Galaxy Digital has sold a large amount of Ethereum and has bought Solana (SOL) in the last two weeks.
* Token burn $OM from Mantra: The founder and CEO of Mantra, John Patrick Mullin, announced that he will burn 150 million OM tokens to increase the token's value by reducing the supply.
