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GateNews2m ago
CryptoQuant: Bitcoin's 7% rise driven by institutions, with an 18% surge in leverage amplifying volatility risk
Recently, Bitcoin prices have risen from $68,000 to $73,500, driven by strong institutional demand. Coinbase premium spreads and ETF capital inflows both indicate robust institutional buying, with long-term holders net buying reaching $14 billion. However, new leveraged positions have increased to $3.55 billion, and if spot buying weakens, it could trigger liquidation risks.
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Data: The crypto market generally rebounds, with the RWA sector rising over 7%, and BTC breaking through $74,000 during trading.
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"Follow the crowd if you want to make a mistake": K33 says Bitcoin is oversold and shouldn't be sold yet.
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Why did Bitcoin rise today? Iran signals negotiations, Trump announces maritime energy trade insurance
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Today, the Fear & Greed Index rose to 22, indicating the market is in a "Extreme Fear" state.
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GateNews1h ago