#ETH在5月会引来强势反弹吗？ #Could BTC break the $60K-$70K range soon?

Bitcoin ETF's Week First: Are Things Getting Better?
The Crypto Assets market, especially Bitcoin and Ether, is leaving behind a very volatile week. While Crypto Assets coins are dominated in red ahead of the middle of the week when the Fed's Intrerest Rate decision is announced, the market is trying to heal its wounds during the holidays.
In the first days of May, the first appearance of the Spot Bitcoin exchange Mutual Fund (ETF) had a huge repercussion. On May 1, 2024, BlackRock's IBIT fund saw its first outflow, while on Friday, the Grayscale Bitcoin Trust (GBTC), which has been selling off for months, saw the opposite.
Interestingly, GBTC was the second BTC fund to invest in the second long on Friday, May 3, according to market tracker Farside Investors.
U.S.-listed Spot BTC funds raised $378 million on May 3 after seven days of negative flows, the data showed. Of this amount, $63 million went to GBTC.
On the last working day of the week, BlackRock's IBIT was weak compared to its competitors at $12.7 million. The biggest pump was Fidelity's (FBTC) Bitcoin investment fund with $102.6 million.
While Spot funds coded as ARKB, BTCO, EZBC and BRRR are seeing more than $30 million in daily movements, only $12 million in IBIT has caught the eye.
An update on Bitcoin
The largest Crypto Assets by market capitalization recouped their weekly losses sharply on Friday and Saturday. BTC pump 8.7% in the last 24 hours.
The ancestors of Crypto Assets hard coins are currently changing hands for around $64,000. #ContentStar #HotTopicDiscussion