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Cryptocurrency Bitcoin surges past $115,000 following recovery in ETF investments

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Cryptocurrency Bitcoin experiences an increase, surpassing $115,000, as exchange-traded fund (ETF)...
Cryptocurrency Bitcoin experiences an increase, surpassing $115,000, as exchange-traded fund (ETF) inflows pick up speed.

Cryptocurrency Bitcoin surges past $115,000 following recovery in ETF investments

In a world where information is readily available, this post stands out as it is exclusively accessible to paying subscribers. Non-subscribers find themselves unable to peruse its content, a testament to its value.

The post delves into the realm of Exchange-Traded Funds (ETFs), revealing the companies with the greatest influence. Notable mentions include Invesco, Krane Shares, UBS, Legal & General, iShares by BlackRock, VanEck, and Amundi, each managing popular ETFs that span from China's Chi Next 50 ETF to the NYSE Arca Gold BUGS ETF.

As the economy navigates through uncertain times, macro-policy risks remain key drivers. Two significant factors influencing these risks are the Consumer Price Index (CPI) and the Fed's credibility. Flexibility is being maintained over directional conviction regarding these risks.

The post also sheds light on the digital currency, Bitcoin. Recent data suggests that during the recovery from $112,000 to $114,000, approximately $120,000 worth of Bitcoin was purchased. However, more robust accumulation is required to create long-term support for Bitcoin. Opportunistic purchasing was observed during this recovery, indicating a potential interest in the cryptocurrency.

Interestingly, there seems to be little supply in the $110k-$116k region for Bitcoin, adding another layer of intrigue to its market dynamics.

For those who are already subscribers, logging in grants access to this exclusive content. Existing account holders can take advantage of the sign-in option to delve deeper into the insights presented in the post.

It's important to note that the post's content is not publicly available and can only be accessed with a subscription. As ETF inflows tentatively return and short-term volatility moderates, this post provides a valuable resource for those seeking to stay informed about the latest trends in the financial world.

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