Bitcoin price approaches historical high, BlackRock IBIT fund turnover hits six-month high
Bitcoin (BTC) rose above the $73000 level on Wednesday morning Taiwan time, reaching $73600 at one point, with only about 0.3% remaining from the historical high set in March this year. Before the deadline, the price of Bitcoin has fallen back to $72300.
Since the Republican presidential candidate Donald Trump expressed support for digital assets during the election campaign, some traders regard Bitcoin as the so-called "Trump transaction". At present, the forecast market shows that Trump's chances of winning the election are ahead of the Democratic candidate Kamala Harris, while the poll shows that both sides are in a seesaw situation.
According to Bloomberg, IG Australia Pty market analyst Tony Sycamore pointed out in a report that Bitcoin is continuously "reflecting the pricing of Trump's election victory". He added that Bitcoin needs to continue breaking through $70000 to boost its confidence in rebounding beyond the historical high of $73798 in March.
Option traders have increased their bets on Bitcoin reaching $80000 by the end of November, regardless of who wins the election. The implied volatility is high before and after the election day (November 5th).
BlackRock Bitcoin ETF's trading volume hits a new high in six months
As Bitcoin approaches its historical high, the US Bitcoin spot ETF has attracted approximately $3.6 billion in net capital inflows so far this month. Bloomberg senior ETF analyst Eric Balchunas stated on social media platform X that BlackRock's Bitcoin spot ETF (stock code: IBIT) achieved a record high of $3.3 billion in trading volume on Tuesday, setting a six-month high.
Balchunas pointed out that ETF turnover typically surges only during market downturns or crises. However, sometimes when there is a "FOMO" frenzy (fear of missing out) in the market, turnover can also surge (such as the ARKK fund in 2020). Given the significant increase in Bitcoin prices in recent days, he speculates that the surge in IBIT turnover may be triggered by FOMO sentiment, which also means that (more) large-scale capital inflows may be seen this week.
(责任编辑:基金优选)
- ·本周 Alpha:9 大市场催化剂 + 稳定币空投攻略
- ·中国如何发展区块链
- ·有人知道360借条和万达贷的区别吗?帮我区分一下吧。
- ·Proshares设定5月14日为基于期货的XRP ETF启动日期,澄清误导性报道
- ·新税改稿酬如何退税
- ·usdt在哪个网站买卖交易 最好的泰达币交易平台app
- ·比特币怎么炒怎么操作 比特币怎么炒?
- ·币场外平台
- ·360借条可以注销吗?应该怎么注销?我不想使用了。
- ·MoonPay纽约开设新总部推动加密行业发展
- ·时代交易所
- ·eth历史价格
- ·怎么才能提升玖富万卡的可借款额度呢?
- ·怎么购买MANA币?MANA币在哪个平台交易?MANA币购买交易教程
- ·鼎及贷有额度能下款吗?下款需要多长时间。
- ·Melania项目方出售1268万枚MELANIA换得541万美元
- · 数字货币交易app
- · 虚拟货币交易平台排名
- · 数字货币交易平台app
- · 数字货币交易所
- · okx网页版
- · 虚拟货币交易平台排名
- · 全球三大虚拟货币交易平台
- · okx官方
- · 虚拟货币交易平台有哪些
- · 虚拟货币交易