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Institutional Flows

All articles tagged with #institutional flows

finance6 months ago•3 min saved

Bitcoin Surges Past $120K Amid Growing Institutional Interest and Regulatory Developments

Bitcoin has risen above $120,000 amid renewed institutional investment and clearer U.S. crypto regulations, despite macroeconomic headwinds like inflation and geopolitical tensions. Other cryptocurrencies like XRP and Dogecoin are also gaining, supported by macroeconomic developments and market exuberance. Analysts believe that regulatory clarity and broader liquidity trends are fueling the rally, although risks such as a dollar rebound and inflation remain.

via Decrypt|

#bitcoin #cryptocurrency #finance

cryptocurrency2 years ago•2 min saved

Solana's Price Skyrockets Despite FTX Troubles

The price of Solana (SOL) has surged 40% this week, reaching a new high for 2023. Several factors have contributed to this increase, including the overall uptrend in the cryptocurrency market driven by Bitcoin ETF excitement and a growing appetite for risk. Despite concerns about the daily selling of SOL tokens by FTX bankruptcy estate, the limited impact of these sales and the weekly sale limit have transformed initial fears into investor enthusiasm. Solana's rising open interest and funding rates indicate a higher interest in leveraged long positions, suggesting a continued rally in SOL's price. However, there is a risk of a correction due to the overbought level of the relative strength indicator.

via Cointelegraph|

#bitcoin-etf #cryptocurrency #cryptocurrency-market