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Before the launch of spot cryptocurrency ETFs in Hong Kong, the city’s ETF market accounts for 0.6% of the entire U.S. ETF market.
Analysts at Bernstein see the slowing spot bitcoin ETF flows as a “short-term pause” before the foremost cryptocurrency resumes its bull run toward their $150,000 target. The analysts also argued spot Ethereum ETF denials could be bullish for ether and reiterated their anticipation that the total crypto market cap would triple to $7.5 trillion.
Bitcoin has fallen below the $63,000 mark as weak U.S. GDP growth spreads rate-cut gloom. However, major stock indices have remained robust in the face of higher-for-longer rates.
Bitcoin is on course for 12% losses in April, and with the monthly close just days away, it could end up sparking the weakest BTC price action in more than a year.
- 10:55SOL breaks through $280The market shows that SOL has broken through $280, currently quoted at $280.17, with a 24-hour increase of 8.2%. The market fluctuates significantly, please manage your risk well.
- 10:54Possibly influenced by the TRUMP fever, multiple Trump-related concept coins are on the risePossibly influenced by the TRUMP fever, market trends show several Trump-related concept coins are on the rise: 1. TREMP is now at $0.1588, with a 24-hour increase of 53.9%; 2. SBR is now at $0.007261, with a 24-hour increase of 139.9%; 3. STRUMP is now at $0.003747, with a 24-hour increase of 52.6%;4.TDS is now at $0.003214, with a 24-hour increase of26 .4% ;5.MAGA is currently priced at$0 .00008299 ,with an increase of27 .6% over the past24 hours.
- 10:51Cryptoquant Founder: FOMO is the final stage of a bull market cycleCryptoquant founder and CEO Ki Young Ju posted on x, saying that FOMO is the final stage of a bull market cycle.