The real driving force in the crypto market is the will of institutions and listed companies. BlackRock aggressively bought ETH last week, with a net inflow of 1.76 billion USD in a single week; companies like sbet and bmnr also cashed out by issuing additional shares to increase the position. Retail money struggles to shake the pace of institutions, which have a large operational space and a clear trend of continuous layout, dominating the direction of the crypto market.

ETH0.48%
View Original
post-image
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.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)