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Crypto

Market Dynamics and New Trends

30 Jan 2025by CryptoJazz Admin1 min read40 views
Market Dynamics and New Trends

🟦Bitcoin rose by 2.92%, reaching $105 416,39, while Ethereum increased to $3 213,95. Amid growing institutional investor interest, inflows into Bitcoin ETFs amounted to $92.1 million, whereas Ethereum funds recorded an outflow of $4.8 million.

🟦The SEC is reviewing an application for the creation of a Litecoin ETF, which could expand the crypto fund market. Meanwhile, El Salvador amended its Bitcoin law at the IMF’s request, and a Chinese court ruled that crypto futures trading constitutes gambling. Sei Foundation is launching a $65 million fund to support DeSci projects.

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