🟨After recently setting a high of $124,200, Bitcoin is trading at $121,849 — up 2.07% over the past 24 hours. Daily liquidations reached $397 million, with $259 million coming from short positions, increasing pressure on sellers. Ethereum came close to $4,800, while institutional interest was confirmed by record inflows into spot ETFs — $729 million, the second-highest in history.
🟨Major players have become more active amid the rally. Galaxy Digital purchased $125 million in crypto assets while hedging positions. Arkham revealed that SpaceX holds over $1 billion in Bitcoin, and South Korea’s Upbit is entering the Vietnamese market through a partnership with MB Bank. All of this reflects the global expansion of the crypto industry and sustained demand for digital assets.
