Dollars

James

<p>The bull-run across the crypto markets persists, continuing to attract more investors. Recent data reveals a massive influx of $24.2 billion into the digital asset market.</p>
<h2 id="h-billions-of-dollars-injected-into-the-crypto-market">Billions of Dollars Injected Into the Crypto Market</h2>
<p>The total market capitalization of the crypto markets reached an all-time high yesterday, amounting to $1.656 trillion. Despite a slight correction at the start of the day, the market maintains a growth of 58% since mid-October.</p>
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<p>This rise is accompanied by a <strong>significant increase in capital inflow</strong>. According to recent data from Glassnode, reported by <a href="https://twitter.com/ali_charts/status/1739402890140438548" target="_blank" rel="noopener noreferrer nofollow">Ali Charts on X</a>, <strong>more than $24 billion has flowed into the crypto market</strong> over the last 30 days, marking the largest capital inflow since December 2021.</p>
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     <p lang="en" dir="ltr">Around $24.2 billion are flowing into the <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#crypto</a> market, the highest capital inflow since December 2021! <a href="https://t.co/1cL75VlFAB" rel="noopener noreferrer nofollow">pic.twitter.com/1cL75VlFAB</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1739402890140438548?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 25, 2023</a>
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<p>Behind the scenes, this trend could signal an increasing interest from investors in cryptocurrencies, in anticipation of the <a href="https://www.cointribune.com/en/the-bitcoin-etf-on-hold-sec-sets-december-29th-deadline/" target="_blank" rel="noopener noreferrer nofollow">impending SEC decision</a> on Bitcoin ETFs. These developments could contribute to a <strong>general increase in investments in crypto-assets</strong>, also anticipating the imminent entry of financial heavyweights such as BlackRock into the market.</p>
<h2 id="bitcoin-leads-the-way">Bitcoin Leads the Way</h2>
<p>At the heart of this increase in capital inflows, the leading cryptocurrency remains a central player.</p>
<p>A report by <a href="https://twitter.com/jbutterfill/status/1738626002530467924" target="_blank" rel="noopener noreferrer nofollow">James Butterfill on X</a> dated December 23rd indicates that Bitcoin-related products saw <strong>net inflows of $87.6 million last week</strong>, representing 85% of the total $103 million inflow into the crypto universe. Despite this, a slight decrease in the <a href="https://www.cointribune.com/en/crypto-markets/bitcoin-btc-en/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin price</a> is noted today. Currently, the leading cryptocurrency is trading at $42,868.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="820" src="https://www.cointribune.com/app/uploads/2023/12/GCDWxbCX0AAKRL7-1024x820.jpg" alt="Crypto - charts showing the influx of capital into the crypto market, with Bitcoin leading" class="wp-image-658469" srcset="https://www.cointribune.com/app/uploads/2023/12/GCDWxbCX0AAKRL7-1024x820.jpg 1024w, https://www.cointribune.com/app/uploads/2023/12/GCDWxbCX0AAKRL7-300x240.jpg 300w, https://www.cointribune.com/app/uploads/2023/12/GCDWxbCX0AAKRL7-768x615.jpg 768w, https://www.cointribune.com/app/uploads/2023/12/GCDWxbCX0AAKRL7-1536x1230.jpg 1536w, https://www.cointribune.com/app/uploads/2023/12/GCDWxbCX0AAKRL7.jpg 1991w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>This decline is also felt among the altcoins, resulting in a decrease in market capitalization to $773.98 billion.</p>
<p>However, the increase in capital inflow into the crypto industry suggests the <strong>potential continuation of the current bull-run</strong>. But above all, the anticipation of the introduction of <a href="https://www.cointribune.com/en/crypto-do-not-underestimate-these-two-risks-associated-with-bitcoin-etfs/" target="_blank" rel="noopener noreferrer nofollow">crypto-related ETFs</a> bodes well for an additional injection of capital into the market.</p>

Crypto: $24.2 Billions Flood the Market!

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