ETF Inflows: Interest in spot Bitcoin ETFs in the US has reignited. It is reported that the total inflows on March 2 and 3 exceeded $680 million. This indicates that institutional investors' confidence remains strong.
Safe Haven Perception: Despite sharp declines in Asian stock markets and pressure on gold, Bitcoin's rise has led some investors to start viewing crypto once again as a "safe haven" (digital gold). Altcoin Performance: Along with Bitcoin, Ether (ETH) increased by approximately 6%, reaching $2,086. However, it is observed that selling pressure in some altcoins like Solana (SOL) is dispersing more slowly compared to Bitcoin.
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.
ETF Inflows: Interest in spot Bitcoin ETFs in the US has reignited. It is reported that the total inflows on March 2 and 3 exceeded $680 million. This indicates that institutional investors' confidence remains strong.
Safe Haven Perception: Despite sharp declines in Asian stock markets and pressure on gold, Bitcoin's rise has led some investors to start viewing crypto once again as a "safe haven" (digital gold).
Altcoin Performance: Along with Bitcoin, Ether (ETH) increased by approximately 6%, reaching $2,086. However, it is observed that selling pressure in some altcoins like Solana (SOL) is dispersing more slowly compared to Bitcoin.