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Bitcoin Flashes Bull Market Signal Amid Fresh ETF Inflows: Cryptoquant CEO

Bitcoin Flashes Bull Market Signal Amid Fresh ETF Inflows: Cryptoquant CEO
Photo: Bitcoin.com News

BTC when published $81,164Now $80,595 ▼ −0.70% since it was published

Bitcoin’s latest capital-flow signal resembles patterns seen during earlier bull markets, Cryptoquant CEO Ki Young Ju said. His assessment coincides with approximately $1.07 billion in U.S. spot bitcoin fund inflows over three sessions through Oct. 21, adding a separate sign of renewed demand. Bitcoin is attracting fresh capital in a pattern associated with bull markets, Cryptoquant founder and CEO Ki Young Ju stated on Oct. 21. In his comment on bitcoin capital inflows shared on X, the head of the blockchain analytics company presented a realized-capitalization chart comparing the metric with bitcoin’s price across multiple market cycles. The accompanying chart distinguishes periods of rising realized capitalization in green from intervals when the measure was flat or declining in gray.

First reported by Bitcoin.com News. This page is a short excerpt; the full text is theirs.

Read the full story at Bitcoin.com News (opens in a new tab)

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