Bitcoin Price Prediction: As BTC ETFs Buy $137 Million Worth Of Bitcoin, Investors Flock To This Learn-To-Earn Token And Its 705% APY
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jul 09 2024- Bitcoin Price Movement: Bitcoin price increased by 2% in the last 24 hours, reaching $57,291 and trading on high volume of $35.5 billion.
- ETF Holdings Update: Nine Bitcoin spot ETFs added 2,394 BTC worth $137 million, with Fidelity being the largest buyer holding 170,764 BTC valued at $9.7 billion.
- Grayscale Bitcoin Trust: Reduced its holdings by 475 BTC but still holds 274,249 BTC worth $15.7 billion.
- BTC Price Analysis: Bitcoin price is rebounding within a falling channel pattern, aiming to break above resistance levels with positive indicators like RSI and MACD.
- 99Bitcoins Presale: Educational platform 99Bitcoins raised over $2.3 million, offering $99BTC tokens with staking rewards up to 705% APY and plans to compete with other education coins.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
