We are experiencing the first bull market in which corporate investors enter crypto currencies so organized and intensively. In the middle of 2023 BlackrockThe process triggered by the ETF application has evolved into something else at the point we have reached today. ETF Although the news in the channel was good, Trump pulled the rest of the rest and even though it was feared, crypto currencies did not care about this rest.
Crypto Money ETF data
Spot Bitcoin on Friday $118,024.47 A total of 1 billion 29 million dollars of net entrance to their ETFs. Blackrock provided a $ 953 million part of these entrances alone. BTC purchases of 1 billion dollars in a single day and these purchases, BTC treasury companies purchases, OTC purchases. It is difficult to imagine places where the price of abnormal in demand can lead. The total net entry exceeded 2 billion 300 million dollars on the last 3 trading day. This is the figures we haven’t seen in a long time.
Ethereum (ETH) $2,963.55 Their entrances remained at $ 204 million and the entrances the previous day reached $ 383 million. Compared to the market value BTC According to their entrances, we must say that Ether buyers are not so weak.
Solana (left) it caused a little disappointment. Friday’s entrances were limited to $ 10.7 million, and this risk appetite has not yet reached the desired level. The previous day we have seen that 15 million dollars of sales were made to turn quick gains in cash. This place will be more impressive when the left coin rally starts.
US Tariffs
Trump gave bad news to Mexico and the European Union yesterday. They will take their share of high taxes to be commissioned on August 1. However, the EU was ready for many sacrifices, including the shelf of digital tax. Following the previous 50 %threat, Trump’s proposal is “either accept 30 %tax or give me more to reduce the rates” The EU will react to it.
It is interesting to see this after days after the EU officials say, “We will not receive a tariff letter, we will make an agreement”. But on Thursday and Friday,Trump He said he would send a letter, negotiate and do not agree, he will send the letter as a trump card for now. ”We wrote. Even though it has no effect on the price for the time being, this move will adversely affect inflation in the medium and long term and will probably delay interest rate cuts.
Elon Musk recently Trump Epstein continues to hit over. Night Trump wrote;
“As they created the Fake Hillary Clinton/Christopher Steele File they use against me, they created the Epstein File, and now the so -called“ My friends ”continues to oil on their bread. Why didn’t these radical left crazy publish the Epstein File? We have not been able to secure the criminals, and we will be able to do more, and we will do more of our country. It will continue to be the same old, political corruption, ACTBLUE and the bonus of the 2020, instead of looking at Jeffrey Epstein, the left will continue to be. They were stolen and they tried to do the same – as the Chief Public Prosecutor, we would like to thank you for your interest in the world.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.