Global Stock News

Green Shoots in the Crypto Market

Green Shoots in the Crypto Market

Crypto News

According to CoinShares, global investment in crypto funds increased by $619 million last week, marking the second consecutive week of growth after five weeks of outflows. Investments in Bitcoin rose by $521 million, in Ethereum by $89 million, in Solana by $15 million, and in Chainlink by $1 million. Investments in XRP decreased by $30 million.

Strategy purchased 17,994 BTC ($1.28 billion) last week at an average price of $70,946 per coin. Strategy now holds 738,731 BTC, acquired for $56.04 billion at an average price of $75,862 per Bitcoin.

BitMine acquired an additional 60,000 ETH over the past week. The company’s reserves now total 4.53 million ETH, representing 3.76% of Ethereum’s total supply. BitMine aims to…

Source link

Share this article

Scroll to Top