Bitcoin prices fell by $63,000, and oil prices rose significantly as a result of the renewed escalation of the conflict between the United States and Iran. Solana also fell by $76, a new low since July. Market clearing was critical, with 67,063 traders having been liquidated in the past 24 hours, with a total loss of $253 million.
Institutional inflow rebounded
Despite this, there was a recovery in demand from institutional investors in relation to the TT$, and for the first time there was a net increase in ETF inflows. Last week, United States spot bitcoin ETF attracted approximately $197 million, ending eight consecutive weeks of outflows.
Solana's promising.
Ansem, a well-known trader, predicts that Solana will be close to $150 in the coming months. He believes that several encrypted currency charts are creating a trend to see a breakthrough.