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Bitcoin Rekindles Rally, Institutional Inflows and "Whale" Purchases Drive Market ReboundOn Monday, Bitcoin reversed its decline from last week, rebounding strongly and bringing a general warming to the digital currency market. The spot Bitcoin ETF rose across the board by about 11%, the CME Bitcoin futures BTC main contract closed at $71,075, up 6

Bitcoin Rebounds Strongly, Reclaims $70,000: Can Institutional Inflows Sustain the Bull Run?In the final week of March, Bitcoin's price rebounded strongly, reclaiming the $70,000 level, sparking heated market discussions. Despite a slight pullback in the US stock market, the cryptocurrency market demonstrated robust resilience

Amidst the broader cryptocurrency market rally, Ethereum (ETH) has been one of the standout performers. Data from exchanges indicate that investors continue to move ETH to private wallets, signaling a holding mentality and expectations of future price appreciation

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As capital inflows rebounded in early October, the price of Bitcoin climbed to a six week high; Bitcoin typically shows an upward trend in October.Smaller Ethereum, Litecoin, and Solana also showed an upward trend

Despite the recent surge in trading outflows of Ethereum, the accumulation of Ethereum among daily traders is still slow.On October 4th, Ethereum's daily trading outflow reached its highest level since August

The online report of cryptocurrency market intelligence company IntoTheBlock for the third quarter of 2023 shows that addresses holding at least 0.1% of Bitcoin (BTC) supply experienced strong net inflows in the third quarter of this year

Isleen's accumulation is still slow for daily traders, despite the recent surge in foreign exchange outflows in the British currency.The daily exchange outflow of Ethereum reached its highest level since August on October 4th