Deribit's head of Asia-Pacific commerce: If it rises again next week, the bottom may be over
2024-07-07 21:00:52
Deribit asia pacific commerce principal linchen posted this week btc spotdesk3cryptocurrencydesktopCrypto News
Lin Chen, head of Asia Pacific commerce at Deribit, wrote that this week's BTC spot ETF except for a small net outflow on Tuesday and Wednesday, and the break on Thursday's Independence Day, the other days were net inflows, and the weekly total net inflow was 237.80 million US dollars. This week's market sentiment is still depressed, but BTC rebounded from 54,000 US dollars back to 57,000 US dollars. Next Monday, pay attention to the opening of US stocks. If it rises again, this wave of bottoming may be over.
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