babarAli11
10 Following
2 Followers
1 Liked
0 Shared
All
Quotes
hello everyone who to make a best profit from spot says you should buy $ETH which gonna be gives you a best profit in few days
Bitcoin Breaks $70K Barrier Amid ETF Inflows and Market Optimism
Date: May 1, 2025
By CryptoDesk News
Bitcoin surged past the $70,000 mark today for the first time in over a month, fueled by sustained institutional inflows into U.S.-based spot Bitcoin ETFs and renewed investor optimism about macroeconomic stability.
According to data from CoinMetrics, Bitcoin climbed over 4% in the past 24 hours, briefly reaching $70,850 before retreating slightly. The rise mirrors a broader bullish sentiment across the crypto market, with Ethereum also up 3.2% and Solana posting a 5% gain.
The recent uptick comes after BlackRock and Fidelity reported a combined $1.2 billion in net inflows to their Bitcoin ETFs over the last week, reflecting strong institutional demand. Analysts say the approval of crypto-friendly regulations in several G20 nations has further boosted investor confidence.
“This breakout confirms that Bitcoin remains a sought-after hedge against inflation and geopolitical uncertainty,” said Lisa Turner, a crypto analyst at Galaxy Digital.
Meanwhile, Ethereum developers have announced the successful testing of the Pectra upgrade, scheduled for mainnet deployment in late Q2 2025. The upgrade is expected to improve network efficiency and gas fee predictability, adding to the positive momentum in the altcoin space.
However, some experts warn of volatility ahead. “While the trend is promising, traders should remain cautious due to potential profit-taking and regulatory surprises,” said Raj Patel, chief strategist at CoinTrust.
As crypto markets continue their upward trajectory, investors are closely watching the U.S. Federal Reserve's upcoming interest rate decision and further developments in ETF markets
Date: May 1, 2025
By CryptoDesk News
Bitcoin surged past the $70,000 mark today for the first time in over a month, fueled by sustained institutional inflows into U.S.-based spot Bitcoin ETFs and renewed investor optimism about macroeconomic stability.
According to data from CoinMetrics, Bitcoin climbed over 4% in the past 24 hours, briefly reaching $70,850 before retreating slightly. The rise mirrors a broader bullish sentiment across the crypto market, with Ethereum also up 3.2% and Solana posting a 5% gain.
The recent uptick comes after BlackRock and Fidelity reported a combined $1.2 billion in net inflows to their Bitcoin ETFs over the last week, reflecting strong institutional demand. Analysts say the approval of crypto-friendly regulations in several G20 nations has further boosted investor confidence.
“This breakout confirms that Bitcoin remains a sought-after hedge against inflation and geopolitical uncertainty,” said Lisa Turner, a crypto analyst at Galaxy Digital.
Meanwhile, Ethereum developers have announced the successful testing of the Pectra upgrade, scheduled for mainnet deployment in late Q2 2025. The upgrade is expected to improve network efficiency and gas fee predictability, adding to the positive momentum in the altcoin space.
However, some experts warn of volatility ahead. “While the trend is promising, traders should remain cautious due to potential profit-taking and regulatory surprises,” said Raj Patel, chief strategist at CoinTrust.
As crypto markets continue their upward trajectory, investors are closely watching the U.S. Federal Reserve's upcoming interest rate decision and further developments in ETF markets
hold and check the volume
Should I hold more or sell out, advice me to prevent floating losses.
$OM
$OM
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
BTCvsETH
529,914 views
15,579 Discussing
Ethereum reserves held by institutions have surged past $6.25 billion, marking a historic shift. Ethereum’s versatility and yield opportunities are attracting capital that once flowed primarily into Bitcoin, signaling a potential long-term change in crypto market leadership and utility.
💬Will ETH eventually dethrone BTC as the king of crypto or will BTC’s status prevail in the face of this shift?
👉 Complete daily tasks on Task Center to earn Binance Points:
• Create a post using #BTCvsETH ,
• Share your Trader’s Profile,
• Or share a trade using the widget to earn 5 points!
(Tap the “+” on the Binance App homepage and select Task Center)
Activity Period: 2025-07-21 06:00 (UTC) to 2025-07-22 06:00 (UTC)
Binance Square Official
143 Likes
37.2k views
ETHBreaks3700
2.2M views
9,548 Discussing
StablecoinLaw
2.7M views
22,677 Discussing
