Inflows into BTC show no signs of overheating. And Bitcoin is setting a new ATH
Since June 21, short-term holders (less than 155 days) have increased their balance by +220k BTC (+9.9%). For comparison, from January to March, the increase was +540k BTC (+25%), marking one of the sharpest reallocations of the cycle.
There's an inflow, but without FOMO, which means price pressure remains moderate. This pace gives the market a stable bullish backdrop, without excessive risk of a correction from overheating. Altcoins maintain potential for catch-up growth: with a smooth strengthening of BTC, both institutions and retail are more frequently stepping outside of the first cryptocurrency.
Telegram just turned 12 years old — the messenger was officially launched on August 14, 2013 (the first version for iOS was released). Roskomnadzor also congratulated the Durovs by imposing sanctions and reported on the restriction of calls via Telegram and WhatsApp in the Russian Federation.
Since June 21, short-term holders (less than 155 days) have increased their balance by +220k BTC (+9.9%). For comparison, from January to March, the increase was +540k BTC (+25%), marking one of the sharpest reallocations of the cycle.
There's an inflow, but without FOMO, which means price pressure remains moderate. This pace gives the market a stable bullish backdrop, without excessive risk of a correction from overheating. Altcoins maintain potential for catch-up growth: with a smooth strengthening of BTC, both institutions and retail are more frequently stepping outside of the first cryptocurrency.
Telegram just turned 12 years old — the messenger was officially launched on August 14, 2013 (the first version for iOS was released). Roskomnadzor also congratulated the Durovs by imposing sanctions and reported on the restriction of calls via Telegram and WhatsApp in the Russian Federation.