Japan-based Metaplanet has just purchased 780 Bitcoin worth $92 million, bringing its total holdings to a massive 17,132 BTC — now valued at over $1.73 billion!
📈The rapid increase in M2 shows that more money is available in the economy. In the past, this has often been a positive sign for investments like Bitcoin and other cryptocurrencies.
Money tends to flow where there’s more cash available. Plan your investments wisely.
>July 30 – The Fed will decide interest rates. >July 30 – Fed Chair Jerome Powell will speak. >July 31 – US economic growth report (GDP). >August 1 – US jobs report for July.
Bitcoin: This Price Zone Could Trigger a Game-Changing Breakout
Bitcoin is getting close to a critical point that could shape its near future. The $98,000 level is a key marker, and whether it holds or breaks could determine if the market rises or falls. Investors are watching closely, torn between excitement for new highs and worry about a sharp drop.Why the $98,000 level matters for bitcoin. Bitcoin’s $BTC short-term path depends heavily on the $98,000 mark, which is both symbolic and significant. This price range is where many investors, holding over 1.25 million BTC, bought in. Their average purchase price falls between $95,248 and $98,566. This price zone acts like a support line: as long as bitcoin stays above it, selling pressure is likely to stay low. But if the price falls below this level, it could quickly drop to $96,000 or even further. On the higher side, $106,738 is another key level. If bitcoin dips below this, the chances of a bigger sell-off could grow.
Bitcoin Market Update: Key Signals to Watch The crypto market is on edge, but bitcoin's core strength remains steady. Daily trading volume is holding strong at about $52 billion, showing consistent activity. Here are some key reasons for this stability: Positive economic trends in the coming monthsExpected changes in major interest ratesPotential return of growth-friendly monetary policiesQuiet buying by big institutions
As long as the $98,000 threshold holds, the bullish momentum remains credible. Conversely, a break would send a clear sign of weakness, paving the way for a deeper correction.
Ethereum is right now at an important trendline, if it breaks above we can see a new all time high, but if it reject more correction will happen .
Due to increasing institutional demand, the chances are higher of breaking above, and on the other hand the monthly candle is bullish and reversed the effect of previous bearish candles.
∆ BlackRock’s Ethereum ETF Inflows Surpassed Its Bitcoin Fund This Week:--
•BlackRock’s Ethereum ETF (ETHA) saw higher inflows than its Bitcoin ETF (IBIT) this week, marking a significant shift in investor interest.
•After weeks of aggressive corporate Bitcoin investment, Ethereum is growing as a popular choice. This trend may signal the token’s market presence as an altcoin season looks possible.
•With institutional investments into Ethereum picking up the pace, Bitcoin’s dominance has dipped more than 5% in July. __________________________________________
∆ Top Public Companies Holding Ethereum:--
>SharpLink Gaming is the current leader, holding 360,807 ETH, at a current value of $1.33B. >Bitmine Immersion is the second largest holder, with 300,657 ETH, currently valued at $1.11B >Coinbase Global, Inc. comes in at a strong third place, holding 137,300 ETH with a current value of $507.34 million.