We are on the threshold of the moment when Alta will start showing excellent individual movements, as all factors contribute to this. Kaiko analysts talk about the growth of the market depth for the largest altcoins. In other words, their liquidity is improving, and to change the value of a particular asset by 1%, larger amounts are already required.
The inflow of stablecoins to exchanges is growing strongly (for USDC, this figure reached $3.88 billion per day). The share of BTC in the market decreased from ~65% in May to ~59% in August.
The expected reduction in Fed rates in September-October may free up some of the $7.2 trillion in money market funds. #btc##eth##sol##ltc##xrp#
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
4 Likes
Reward
4
1
Repost
Share
Comment
0/400
Deltapro
· 08-16 10:09
Ethereum ETFs End $3.7B Eight-Day Inflow Streak
Ethereum ETFs have ended an eight-day inflow streak that brought $3.7 billion into the funds. On August 15, investors pulled $59.3 million out of U.S. spot Ethereum ETFs, ending an impressive streak.
Is Alta Ready for Growth?
We are on the threshold of the moment when Alta will start showing excellent individual movements, as all factors contribute to this. Kaiko analysts talk about the growth of the market depth for the largest altcoins. In other words, their liquidity is improving, and to change the value of a particular asset by 1%, larger amounts are already required.
The inflow of stablecoins to exchanges is growing strongly (for USDC, this figure reached $3.88 billion per day). The share of BTC in the market decreased from ~65% in May to ~59% in August.
The expected reduction in Fed rates in September-October may free up some of the $7.2 trillion in money market funds. #btc# #eth# #sol# #ltc# #xrp#
Ethereum ETFs have ended an eight-day inflow streak that brought $3.7 billion into the funds. On August 15, investors pulled $59.3 million out of U.S. spot Ethereum ETFs, ending an impressive streak.