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Bitcoin Price Prediction As BTC ETF Inflows Surpass $18B, and This Could Be the Next Cryptocurrency to Explode

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The Bitcoin price dropped 2% in the last 24 hours to trade at $62.7k as of 4.45 a.m. EST on trading volume that surged 43% to $28.08 billion. Despite the current price drop, however, Bitcoin has seen some positive developments recently, especially when it comes to Bitcoin spot ETFs. According to reports, spot Bitcoin exchange-traded funds in the US have seen increased investor confidence, as the cumulative net inflows hit a new ATH. Farside Investors’ data shows that Bitcoin ETFs saw a net inflow of $202.6 million yesterday, August 26. This puts the total net inflows in this investment product above the $18 billion mark. Commenting on the situation, Bitget Wallet’s COO, Alvin Kan, speculated that the investors are likely turning to more stable assets, and the surge in Bitcoin spot ETF investments reflects their growing confidence in BTC. As for Bitcoin itself, the coin saw a major price surge on August 23, which allowed it to breach the resistance at $61k and climb up to ...

Next Cryptocurrency to Explode Thursday, August 8 — XRP, Toncoin, Stellar, Polkadot

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Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potential of Me...