$ETH is approaching its 50W EMA level.
If Ethereum manages to hold above it, a rally towards $2,500-$2,550 could happen.
If not, ETH could drop to $2,200.
BREAKING: Bitcoin drops below $77,000 and $ETH below $2,400.
This comes as the US and Iran exchange strikes.
$100 million liquidated from the crypto market in the past 60 minutes.
Bitcoin is back above $72,000, marking its highest level since June as crypto markets stage a powerful rebound. π
Regulatory optimism, improving liquidity and renewed institutional interest are putting crypto back in focus.
The market is moving. Stay informed, manage risk, and watch the data.
#Bitcoin #BTC #Crypto #Ethereum #CryptoNews
Biggest ETF Day Since May, BTC Back Above $70K
Aug 19 BTC & ETH ETF Net Flows: +$684.4M
Three straight inflow days, +$1.08B combined. BTC now trades
at $71,653, up 9.7% in 24 hours and back above $70K for the
first time since early June.
π’ BTC: +$507.3M
IBIT (BlackRock): +$284.7M
ARKB (Ark 21Shares): +$77.7M
FBTC (Fidelity): +$62.4M
BITB (Bitwise): +$35.6M
GBTC (Grayscale): +$21.2M
BTC (Grayscale Bitcoin Mini): +$19.7M
EZBC (Franklin Templeton): +$5.9M
π’ ETH: +$177.1M
ETHA (BlackRock): +$122.1M
FETH (Fidelity): +$36.5M
ETH (Grayscale Staking Mini): +$16.0M
ETHE (Grayscale): +$1.7M
EZET (Franklin Templeton): +$0.8M
π¨ CRYPTO MARKET UPDATE
Bitcoin is holding around the $63Kβ$64K range as investors closely watch ETF flows, macroeconomic conditions and regulatory developments.
U.S. spot Bitcoin ETFs saw roughly $390M in net outflows last week, highlighting the cautious sentiment currently surrounding the market.
Stay informed. Manage risk. Think long term. π
#Bitcoin #BTC #Crypto #CryptoNews