🤑Influx into ETF Grows, but Bitcoin Price Falls

Despite yesterday's influx of capital into Bitcoin ETF amounting to $319.5 million, the price of BTC has dropped over the last 24 hours, recording a -1.5%. ETH also faced a local pullback of -5%, reflecting the overall market movement. This is likely related to expectations of the PPI report data, even despite the drop in CPI on Tuesday.

🔼Long-term Bitcoin holders have added 630,000 BTC since March, increasing from 13.66 million to 14.29 million BTC. Additionally, over the last 3 weeks, 100,000 BTC has been withdrawn from exchanges.