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|Legacy
BTCBTC
💲71731.61
+
1.54%
ETHETH
💲2116.87
+
2.11%
SOLSOL
💲88.30
+
1.68%
USDCUSDC
💲0.9998
-
0.01%
TRUMPTRUMP
💲4.01
+
0.75%
WLDWLD
💲0.3585
+
1.56%

Phyrex
Phyrex|8月 12, 2025 18:13
The data for Monday's BTC spot ETF was quite stable, but compared to Bitcoin's price returning to $120000, the purchasing power of the spot ETF not only did not increase, but also decreased, with only one-third of Friday's purchasing power, mainly due to BlackRock's direct decrease in purchasing power to over 1000 BTC. Of course, we have mentioned many times before that the stability of BTC price during this period is not due to its strong purchasing power, but rather driven by investors selling at a lower level. Therefore, as long as there is not too much negative sentiment, BTC price will remain stable, and with some positive factors to increase purchasing power, the price can rise. This article is sponsored by Bitget | @ Bitgetzh
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Timeline

9月 11, 16:07September looks quite bullish.
9月 11, 11:30Stablecoin inflows hit a record high ahead of the FOMC.
9月 10, 18:57The most trending coin on social media
9月 10, 14:26Bitcoin price rises due to Producer Price Index data
9月 10, 05:37BTC's performance is stronger than ETH's
9月 09, 17:13XRP price's new normal stabilizes above 5.
9月 09, 09:06BTC is hovering above the short-term holders' cost basis
9月 08, 15:06Gold prices have surpassed 3600, setting a new historical high.
9月 08, 13:56Binance order book is starting to heat up
9月 08, 13:11BTC still needs to consolidate before strengthening in the fourth quarter.

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