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Crypto Price Prediction: Market Sell-off Eased as BTC Rebound at $65K

source-logo  coingape.com 03 April 2024 13:28, UTC

Crypto Price Prediction: On Wednesday, the cryptocurrency market witnessed an ease in supply pressure following a modest uptick in Bitcoin and Ethereum. The new relief rally across top altcoin was initiated with a positive inflow into spot BTC ETFs on April 2nd. The on-chain data tracker reported a $39M net inflow into Bitcoin, suggesting a bullish shift in investor sentiment. Furthermore, Grayscale Bitcoin Trust (GBTC) saw its lowest outflow in 14 days at $81.9M.

coingape.com