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Bloomberg: Bitcoin institutional demand strengthens Institutional demand for Bitcoin also supported its price so far this week. According to Coinglass data, Bitcoin spot ETFs saw an inflow totaling $2.84 billion until Thursday, compared to $1.78 billion the previous week. If this inflow trend persists or accelerates, it could provide additional momentum to the ongoing Bitcoin price rally. Bitcoin Spot ETF Net Inflow chart. Source: Coinglass The ongoing rally is further fueled by whale accumulation. Lookonchain data shows that whale’s wallets accumulated 2,895 BTC worth $282.5 million in 9 different wallets on Thursday, while other whales accumulated 3,289 BTC worth $302 million from Binance this week. Data Nerd shows another whale accumulated 1,109 BTC worth $104.39 million from Binance and Coinbase exchanges on Wednesday and currently holds 2,219 BTC worth $212.41 million, all reflecting strong demand for Bitcoin. submitted by /u/Denchock |
What’s getting more expensive from 25% tariffs on Mexico and Canada, if enacted by president Trump. Not everything, but important for everyday life
While he claims the tariffs will hurt foreign exporters, Americans will feel the pain too, as the extra costs will