• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Sets New Record Amid Surge in ETF Inflows

user avatar

by Giorgi Kostiuk

9 hours ago


Bitcoin has reached a new historic maximum, setting a record at $118,403.89 amid a sharp increase in inflows from exchange-traded funds (ETFs).

Bitcoin Hits New Record

Currently, Bitcoin reached a high of $118,403.89; however, the price subsequently retreated to $118,193.47. Despite this minor pullback, the price of Bitcoin has risen over 6% over the past 24 hours according to CoinMarketCap.

Short Liquidations Spike

As a result of Bitcoin's explosive rally, the largest short liquidations of the year occurred, amounting to over $1.02 billion. According to CoinGlass, approximately 237,000 traders were liquidated, underscoring the scale of the move. The largest loss was an $88.5 million BTC-USDT short on HTX.

ETF Inflows Continue to Rise

According to data from Farside Investors, Bitcoin ETF inflows surpassed $1.175 billion yesterday. Notably, the largest inflows have been recorded by BlackRock's IBIT fund, which continues to be a top choice for institutional investors with $448.5 million entering its reserves.

The record growth of Bitcoin and substantial ETF inflows attract attention in the cryptocurrency space and may influence future market trends.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Ethereum's New Achievements in Staking Could Impact the Market

chest

Ethereum has recorded a significant 29.26% staking level, reflecting investor confidence and potential impact on ETH price.

user avatarGiorgi Kostiuk

Ruvi AI (RUVI) Attracts Attention as a Potential Crypto Leader

chest

Ruvi AI stands out in the cryptocurrency crowd for its security, real-world utility, and high growth potential.

user avatarGiorgi Kostiuk

Cardano Displays Significant Market Growth

chest

Cardano (ADA) has surged over 18%, now trading at $0.7462. Trading volume has increased by 115%.

user avatarGiorgi Kostiuk

Binance Disputes Involvement in USD1 Stablecoin Linked to Trump Family

chest

Binance has denied its involvement in the development of the USD1 stablecoin associated with the Trump family, igniting controversy in the crypto industry.

user avatarGiorgi Kostiuk

Tether Discontinues Support for USDT on Five Chains: Impacts on Users

chest

Tether freezes USDT tokens on five chains, focusing on TRON and Ethereum, effective September 1.

user avatarGiorgi Kostiuk

Bitcoin Surpasses $118,000: Records and Projections

chest

Bitcoin has hit a record high above $118,000 amid rising institutional interest and strong market momentum.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.