Bitcoin holds above $64,000 with improving institutional demand and strong ETF inflows. Bitcoin is flashing a technical buy signal that preceded a 16% rally earlier.
Major cryptocurrencies rallied over 1% on Wednesday, buoyed by continuing strength in the equity market.Notable Statistics:
Coinglass data shows 69,958 traders were liquidated in the past 24 hours for $216.18 million.
SoSoValue data shows net inflows of $211.5 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $53.8 million.
In the past 24 hours, top gainers include Pump.fun, Uniswap and Zcash.
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The crypto market is showing positive signs as Bitcoin remains steady at $64,000 and analysts predict a major move.
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