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66.4 million dollars in the flow of Bitcoin ETF | Flash news details

On February 7, 2025, Spot Bitcoin ETF witnessed a significant flow of $ 66.4 million, according to Crypto Rover on Twitter (Rovercrc). This event represents a noticeable shift in investor’s feelings towards Bitcoin, where the investment funds are often seen as a measure of institutional interest. The external flow was recorded at 4:00 pm EST, coinciding with a 2.5 % decrease in Bitcoin from $ 52,000 to $ 50,700 within an hour, according to Coinmarketcap data United States, February 7, 2025). Bitcoin trading volume increased to 32000 BTC during this period, indicating an increase in market activity (Source: Coingecko, 4:00 pm EST, February 7, 2025). In addition, the Bitcoin dominance index, which measures the maximum Bitcoin market for the total maximum cryptocurrency market, decreased by 0.3 % to 45.7 % (Source: TradingView, 4:00 pm East US time, February 7, 2025). This event also affected other commercial pairs, as BTC/USDT has witnessed a 10 % increase to 1.2 million BTC, and BTC/ETH shows a 5 % increase to 250,000 BTC (Source: Binance, 4:00 pm Eastern State time United, February 7, 2025). The scales on the series reveal the increase in the number of active addresses by 10 % to 900,000, indicating an increase in the user’s participation (Source: Glassnode, 4:00 pm EST, February 7, 2025).

The external flow of Spot Bitcoin ETF has immediate effects on the price of Bitcoin and the broader market dynamics. In the wake of the Etf Outflow flow, the Bitcoin price continued to decrease, as it reached a decrease of $ 50200 by 6:00 pm EST time, an last 1 % decrease (Source: Coinmarketcap, 6:00 pm EST, 7:00, 7 February, 2025). This indicates that the external flow served as an incentive for further sales pressure. The trading volume remained high, as 35000 BTC was traded by 6:00 pm EST, 9 % increase from peak size during ETF flow (Source: Coingecko, 6:00 pm EST, February 7, 2025). The market morale index, the Crypto Fear & Greed index, decreased from 55 to 50, indicating a shift towards fear among investors (Source: Alternative.me, 6:00 pm EST, February 7, 2025). Other cryptocurrencies were also affected, as ETHEREUM witnessed a decrease of 1.5 % to $ 3,200 and an increase of 5 % to 1.5 million ETH (Source: Coinmarketcap, 6:00 pm EST, February 7, 2025). The effect was also visible on BTC/USDT and BTC/ETH trading pairs, as storage units increased by 8 % and 3 %, respectively, indicating a broader response in the market on the external flow (Source: Binance, 6:00 pm time Eastern United States, February 7, 2025). The scales on the series showed a slight increase in the average value of the transaction by 2 % to $ 2,500, which reflects a potential transformation in the investor’s behavior (Source: Glassnode, 6:00 pm EST, February 7, 2025).

Technical indicators and trading sizes provide an additional view of the market response to the external flow of the immediate Bitcoin ETF. Bitcoin RSI, which measures the speed and change of price movements, has decreased from 60 to 55, indicating a move towards the sale area (Source: Tradingview, 6:00 pm EST time, February 7, 2025). The difference in the moving average rapprochement (MACD) showed a landmark, as the MACD line moves below the signal line, indicating another possibility on the negative side (Source: Tradingvief, 6:00 pm EST, February 7, 2025). Bollinger domains expanded, as the price approaches closer to the bottom range, indicating an increase in fluctuation (Source: TradingView, 6:00 pm EST time, February 7, 2025). Bitcoin trading continued to rise, reaching 38000 BTC by 8:00 pm EST, an increase of 19 % of peak size during ETF flow (Source: Coingecko, 8:00 pm EST, February 7, 2025 ). BTC/USDT pair increased 12 % to 1.35 million BTC in circulation, while the size of the BTC/ETH pair increased by 7 % to 267,500 BTC (Source: Binance, 8:00 pm EST, February 7, 2025) . The scales on the series showed a 5 % increase in the number of transactions to 300,000, indicating an increase in the network activity (Source: Glassnode, 8:00 pm EST, February 7, 2025).

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