Crypto Australia🇭🇲🇭🇲

Investors are moving to Bitcoin. ** 🗞️Catherine Wood reported that after the launch of spot BTC ETFs, investors began to move from gold to the first cryptocurrency. And if we take into account the conditions of the banking crisis, Bitcoin will surpass gold in popularity and cash inflows. By Crypto Australia

Exchanges continue to be the main hub for trading activity, with deposit and withdrawal volumes soaring to $6.8 billion per day. This exchange-related activity now represents approximately 88% of all on-chain volume. The current influx of volume in and out of exchanges is comparable to the peaks seen during the 2021 bull market, with only a small fraction of trading days surpassing it. These figures highlight a growing interest in Bitcoin among market participants. By Crypto Australia

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#TOTAL MARKETCAP UPDATE : #TOTAL Marketcap, started moving back and forth in the major level. Index formed a small and tight range (Blue Box) and need to breakout either side of the zone. Just not a Breakout, #Bitcoin is also ranging, so this mess might continue till halving. By Crypto Australia

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#BTC still moving within a range and made a triangle formation. A range inside a pattern is a strong signal of a big accumulation or distribution goin on. We've to wait for a breakout of the zone either side, and also we're expected a retest back to the major support zone, before moving with any major direction. By Crypto Australia