U.S. exchange-traded funds have seen a notable shift, as investors began transitioning from gold to its digital counterpart, Bitcoin.
Over the past five weeks, Bitcoin exchange-traded funds in the U.S. attracted over $9 billion in inflows, led by the "iShares Bitcoin Trust ETF" from BlackRock Inc. In contrast, gold-backed funds experienced outflows exceeding $2.8 billion during the same period, according to data collected by Bloomberg News.
This shift is partly attributed to a decrease in trade tensions, which eased the demand for traditional safe havens like gold, while the recognition of Bitcoin as an alternative store of value has grown, especially with rising concerns about the financial stability of the United States.
U.S. exchange-traded funds (ETFs) have witnessed a significant shift, as investors began transitioning from gold to its digital counterpart, Bitcoin.
Over the past five weeks, Bitcoin ETFs in the U.S. attracted inflows exceeding $9 billion, led by the "iShares Bitcoin Trust ETF" from BlackRock Inc. In contrast, gold-backed funds saw outflows of more than $2.8 billion during the same period, according to data collected by Bloomberg News.
This shift is partly attributed to the easing of trade tensions, which reduced demand for traditional safe havens like gold, while Bitcoin is increasingly recognized as an alternative store of value, especially amid rising concerns about the financial stability of the United States.
#BTCBreaksATH110K , Bitcoin's price will rise by 116k, everything will change, and the price of Bitcoin will decline. Market conditions will change, and the price of all currencies will decline.
This is not financial advice. Trade based on your own experience and knowledge of the market.
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As usual, losses are greater than profits. But I I have a reserve on my account External so that I do not get hacked and leave this account To monitor the market Sometimes I open one or two trades to monitor the situation and from there send resources to complete the shopping. It's boring today There are only strong movements for small currencies.
For the first time in months, the entire crypto market—not just Bitcoin—had a good week. Of course, Bitcoin led this week, breaking through the $100,000 barrier with alacrity. Every week it seems more good Bitcoin news appears, and this week was no exception. For the first time ever not one, but two U.S. states—New Hampshire and Arizona—established strategic bitcoin reserves. They did so within 48 hours of each other. Metaplanet added 555 BTC to its treasury, bringing its overall holdings to 5,555, with ambitious plans to reach a total of 21,000 by the end of next year. Those inflows, combined with positive spot‑ETF flows, propelled BTC above $100K.
It marked Bitcoin’s eighth intraday trip above six figures, and the eighth consecutive instance in which ETH’s price at the time Bitcoin hit $100K was lower than before, as depressingly pointed out here and illustrated by the following graph.
But even the cursed coin that is Ethereum benefited from the positive sentiment this week, going up more than 20% in the past seven days. It’s even better when compared to Bitcoin’s 3.3% over the same time period. Ethereum even managed to beat Solana’s 14.5%. Spot Ether ETF flows look half-decent, according to Bloomberg’s James Seyffart, who posted on X that “Everyone likes to Pile onto Ether but the ETFs are doing decently well as far as flows go. The problem is that assets are lower now than when they launched.” For the last bit of Ethereum hopium, Raoul Pal founder of Real Vision stated that “BTC dominance topped today.” If that’s the case, surely ETH/BTC has finally bottomed! I personally don’t think this is the bottom of the ETH/BTC chart. Graham and I went back-and-forth about this topic on this week’s episode of Token Narratives. The chances that we are on the cusp of a Bitcoin breakout grows higher as we approach a new Bitcoin all-time high. With so many tailwinds for Bitcoin right now, such as the stream of positive news stories (institutions are buying, companies are buying, governments are buying) and strong narratives (it’s a hedge against fiat debasement, it’s a hedge against geopolitical conflict, everyone is buying), a Bitcoin rally is more likely than not.
Historically, when Bitcoin goes on a tear, Bitcoin dominance surges too. Bitcoin sucks up the liquidity and attention from everything else. The BTC.D (Bitcoin dominance) chart looks like it could easily reach the low 70s before it tops, similar to 2019 and 2021. It’s at 64% now. We could see it rise another 10% before Bitcoin finally cools off. At that point it makes sense for profit taking, some of which would be rolled over into the rest of crypto. A bona fide alt season could be in the cards at that point. One can dream!
For the time being, I’m happy to sit on my hands, but I am starting to take notes of interesting projects. My interview with Jordi Alexander left a strong impression on me, particularly his comments about A.I. While he is excited about the A.I. x crypto sector, he’s only excited about agentic A.I. projects. I’ve heard this sentiment echoed by many people across several conferences
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#MastertheMarket Today's Ethereum price is approaching $1,874.61, reflecting an 8.4% decline over the past 24 hours. The Ethereum market is facing challenges, including a bearish trend and resistance at key levels such as $2,610, which it has struggled to break. However, there are signs of a potential recovery, as major investors are accumulating Ethereum, and technical indicators such as the Relative Strength Index (RSI) point to a possible oversold market.
Regarding stability, Ethereum's price has shown some resilience, thanks to factors such as reduced selling pressure from staking operations and its deflationary mechanism introduced by the EIP-1559 upgrade. These factors have helped balance supply and demand, helping maintain a more stable price range despite market volatility.
The potential for a price rally hinges on breaking key resistance levels, such as $2,610, which could lead to a bullish breakout. However, failing to achieve this, it could lead to further stabilization or even a drop toward $1,500. Market conditions, including macroeconomic factors and investor sentiment, play a significant role in determining Ethereum's trajectory.
The price of Ethereum today is approaching **$1,874.61**, reflecting a decrease of **8.4% over the past 24 hours**. The Ethereum market is facing challenges, including a downward trend and resistance at key levels such as **$2,610**, which it has struggled to exceed. Nevertheless, there are signs of a potential recovery, as major investors are accumulating Ethereum and technical indicators like the Relative Strength Index (RSI) suggest that it may be oversold.
Regarding stability, the price of Ethereum has shown some resilience thanks to factors such as reduced selling pressure from staking and its deflationary mechanism introduced through the EIP-1559 upgrade. These factors have contributed to a balance between supply and demand, helping to maintain a more stable price range despite market volatility.
The potential for price increases depends on surpassing key resistance levels, such as **$2,610**, which could lead to a bullish breakout. However, if it fails to achieve this, it may result in further stability or even a decline towards **$1,500**. Market conditions, including macroeconomic factors and investor sentiment, play a significant role in determining the trajectory of Ethereum.
Cryptocurrency Uprising.. $284 Billion Gains in 24 Hours
After a wave of heavy losses, cryptocurrency trading platforms turned green after US President Donald Trump announced the names of 5 crypto assets expected to be included in the new US strategic reserve for cryptocurrencies, which led to an increase in the market value of each of them.
Trump said on social media that the executive order he issued last January regarding digital assets will create a stock of currencies, including Bitcoin. He explained that he ordered the presidential working group to move forward with creating a strategic reserve for cryptocurrencies. He added: "I will make sure that the United States is the crypto capital of the world.
In terms of market transactions, during Sunday's trading session, the combined market value of cryptocurrencies jumped by 9.88%, gaining about $284 billion, after its total market value rose from $2,873 billion on Sunday morning to about $3,157 billion on Monday morning
The altcoin market is expected to see additional volatility this week, as a number of tokens are set to be unlocked, which will release billions of dollars in supply for several coins, including Ondo Finance’s ONDO token. According to data from Tokenomist, the value of token releases this week, which include names like ONDO, ARB, STRK, SEI, and others, has reached $3 billion, the largest amount since November.
- Bitcoin price dropped at the end of the US session, and Bitcoin is now trading at $95,424.5, down -3.73% in the last 24 hours. The market capitalization now stands at $1.89 trillion, according to Investing. Bitcoin remains the most dominant with a market share of 56.9%, followed by Ethereum with a market share of 12.2%. It is worth noting that based on today’s closing price, Bitcoin has fallen by -0.82% in the last seven days, while the most popular altcoin, Ethereum, has also fallen by -1.15% in the last seven days.
A positive sign for Bitcoin.. The decline will not last long for this reason!
BTC/USD -3.56% USDT/USD -0.04% - Investor addresses holding Bitcoin (BTC) saw a surge in demand during December, with net purchases by these investors reaching 225,280 BTC through Dec. 23, according to a report by CryptoQuant. This represents an 82.6% monthly increase. Low side selling liquidity On the other hand, short liquidity, the amount of Bitcoin available for sale on exchanges and ETFs, fell by about 590,000 BTC over the same period. This drop is particularly due to a sharp decline that occurred between December 22 and 23, when the amount of Bitcoin available for sale fell by 520,000 BTC.
An attempt to expose the weakness of crypto against gold ends with a trader converting $90 into $3.25 million An attempt to expose the weakness of crypto against gold ends with a trader converting $90 into $3.25 million
SOL/USD -4.36% ELON/USD -4.35% Despite the great impact that Bitcoin has on the digital currency trading market, there are new cryptocurrencies that have been able to achieve exceptional successes in record time despite the decline in Bitcoin in the past period.