#TrenddingTopic

🚦 Market signals

🔴 Market: GDP in the USA for the 1st quarter — +1.3% (expected +1.6% / previously +3.4%).

🟢Bitcoin (#BTC): According to the MVRV indicator, BTC is still in the middle of a bullish trend this cycle (CryptoQuant).  

🟢Bitcoin (#BTC): BTC's 60-day correlation with gold has been rising since December 2023, but is still well below its 2022 highs.

Ethereum (#ETH): Against the background of the spot ETH-ETF theme, there is a sharp increase in the number of wallets with 10,000+ ETH balances (Glassnode). 

🟢 Ethereum (#ETH): Spot ETH-ETF approval could push ETH to $8,000 by end-2024 and $14,000 by end-2025 (Standard Chartered). 

🟢 Toncoin (#TON): There is a strong accumulation of TON tokens by large wallets with a balance of 100,000 - 1,000,000 coins (CryptoQuant).

#Newsof the Day #криптосигнали