Post

Of course, besides the macro and policy-driven positive sentiment, #Bitcoin's rise also requires certain data support, with the most critical being the net inflow of ETFs and the situation of mainstream crypto funds. On the U.S. trading day of August 19, BTC ETF had a single-day net inflow of $517.2 million, marking the third consecutive net inflow this week and the largest single-day net inflow in nearly three months. Most importantly, this ETF net inflow was not solely concentrated in IBIT; 45% of the net inflow came from other ETF providers. Clearly, the macro and policy benefits have short-term stimulated an increase in broad buying sentiment. Regarding crypto market data, a comparison was made between August 18 and current data: 1. In terms of short-term market cap growth, aside from #BTC, the largest increase was in #ETH, indicating that bullish optimism is gradually spreading. 2. Overall trading volume doubled, with BTC increasing 2.5 times and ETH increasing 5 times, showing a sharp surge in ETH's short-term trading volume. 3. In terms of funds, the total market capital net inflow increased by $1.1 billion, but the main funds came from a $436 million net inflow provided by USDC; USDT did not show a significant net inflow. Overall, the crypto market data looks optimistic, with expanding positive sentiment, increased trading volume, capital returning to the U.S. market, and ETF data corroborating each other. Data is one of the main factors further validating and supporting the price increase. #BTC突破72000美元，本轮上涨能否延续？