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Bitcoin Price Surges Above $57,000 Amid $45M ETF Inflows and Whale Accumulation
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Bitcoin (BTC) has ended its losing streak and surged above the $57,000 mark for the first time this week on Thursday. This rebound comes as market participants seized the opportunity to buy the dip.
Over the past month, Bitcoin whales have accumulated $23 billion worth of BTC, signalling increased buying interest. Meanwhile, the global cryptocurrency market has also seen a slight increase of 0.43%, reaching $2.02 trillion in the last 24 hours.
Bitcoin’s market dominance has also grown to 56.10%.
Bitcoin Whales scoop up $23 BILLION in 30 days
On-chain data shows that long-term holders added around 404,448 BTC to their wallets.
Did you buy the dip?
Read more on cryptonews.comAbout this in other media
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