In the latest update from Jamie Coutts, Chief Crypto Analyst at Real Vision, Sui's outperformance is highlighted, triggering momentum buy signals against BTC and SOL. Active addresses have surged from 20,000 to 1.2 million YTD. With US$767 million in net flows and low transaction costs, Sui is positioned as a scalable Layer-1 blockchain.
US spot Bitcoin ETFs recorded inflows of US$556M, the highest since June. Additionally, the Avalanche Foundation plans to repurchase nearly 2 million AVAX sold to Terra in 2022, while Canary Capital Group has filed for the first Litecoin ETF.
Bitcoin ETFs have seen a remarkable surge with daily inflows of US$235.2 million, while Ethereum ETFs remain stagnant. Despite market shifts, Bitcoin holds steady, and Sui skyrockets 115%.
Cryptocurrencies continue to show strong performance, outpacing the stock market. However, Bitcoin ETFs are experiencing major outflows amid rising tensions in the Middle East. Meanwhile, retail sales rose 0.7% in Australia.
Bitcoin saw US$321M in inflows following the Fed's rate cut. Speculation rises about China's stimulus measures potentially boosting crypto prices. Meanwhile, Australia’s CPI dropped to 2.7%, reaching a three-year low, while the US Fed cuts rates by 50 bps.
BTC Markets partners with Real Vision to deliver crypto market insights. Ondo (ONDO) is now available. BlackRock's Bitcoin ETF sees first net inflows in 14 days.