Day: November 26, 2024

Crypto Inflows Hit Record $3.1 Billion, Led by Spot ETFs

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Este artículo también está disponible en español. The crypto market witnessed a significant milestone last week as investment products recorded roughly $3.13 billion in net inflows globally, primarily driven by US spot Bitcoin exchange-traded funds (ETFs), according to data from CoinShares. This surge highlights growing institutional interest and confidence in the crypto market, with Bitcoin leading the charge. CoinShares reveals that the year-to-date net inflows into crypto funds have reached $37 billion, while total assets under management (AUM) soared to a new high of $153 billion. Related Reading Bitcoin Takes…

Bitcoin drop, traders seen $553 million crypto liquidations

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Traders have witnessed a massive half-billion dollar amount of crypto liquidations in a day after Bitcoin dropped to its lowest price in the past week. According to Coinglass’s data on Nov. 25, crypto traders have seen massive liquidation of about $553 million in the past day of trading. Traders with long positions have liquidated $413 million as Bitcoin price dropped to $92k, decreasing almost 5% in a day. 1 Day BTC price chart, September 10 – November 26, 2024 | Source: crypto.news The long positions in the last 12 hours and 4…