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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%.
You might be wondering, ‘what is an airdrop in crypto?’. It’s a common question as drops are becoming a popular phenomenon in the cryptocurrency community. These events involve distributing free tokens or coins to a wide audience.
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.
Weekly crypto wrap: 12th September 2024: Ondo (ONDO) is now live on BTC Markets. Bitcoin resilient; expectations of reaching 6- figures, despite market volatility & U.S. economic uncertainties. Grayscale’s Sui Trust; accessible to accredited investors.