Golden Finance reports that in the past week, Bitcoin's actual market capitalization increased by over 8 billion dollars, surpassing 1.1 trillion dollars, while the actual price of Bitcoin also rose to over 110,000 dollars, indicating strong on-chain capital inflow.
CryptoQuant stated that despite Bitcoin's actual market capitalization increasing by 8 billion dollars, the recovery of Bitcoin lacks the sustained inflow of funds brought by ETFs and Michael Saylor's strategies, which are the main demand drivers.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CryptoQuant: Bitcoin's recovery lacks sustained capital inflow from Bitcoin ETF and treasury strategies.
Golden Finance reports that in the past week, Bitcoin's actual market capitalization increased by over 8 billion dollars, surpassing 1.1 trillion dollars, while the actual price of Bitcoin also rose to over 110,000 dollars, indicating strong on-chain capital inflow. CryptoQuant stated that despite Bitcoin's actual market capitalization increasing by 8 billion dollars, the recovery of Bitcoin lacks the sustained inflow of funds brought by ETFs and Michael Saylor's strategies, which are the main demand drivers.