COIN

FOMO

Rise

<ul> 
 <li>Following the massive $520 million inflow on Monday, spot Bitcoin exchange-traded funds (ETFs) are experiencing high trading volumes in the pre-market hours on Tuesday.</li> 
 <li>The increase in spot Bitcoin ETF volumes and inflows highlights the growing interest in Bitcoin ETFs and signals a significant shift in investor sentiment.</li> 
 <li>According to CryptoQuant, Bitcoin’s upside potential is likely as long-term holders with a 2-3 year holding period surpass the resistance price.</li> 
</ul> 
<p><strong>The strong exceedance of the Bitcoin price above 57K dollars is being watched carefully by investors in the markets: Here are the latest reports!</strong></p> 
<h2 id="strong-the-rise-in-bitcoin-attracts-the-attention-of-the-markets-strong"><strong>The Rise in Bitcoin Attracts the Attention of the Markets</strong></h2> 
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-126546" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-48.webp?resize=696%2C392&amp;quality=70&amp;ssl=1" alt="bitcoin-btc" width="696" height="392" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-48.webp?w=1280&amp;quality=70&amp;ssl=1 1280w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-48.webp?resize=300%2C169&amp;quality=70&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-48.webp?resize=1024%2C576&amp;quality=70&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-48.webp?resize=768%2C432&amp;quality=70&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-48.webp?resize=150%2C84&amp;quality=70&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-48.webp?resize=696%2C392&amp;quality=70&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-48.webp?resize=1068%2C601&amp;quality=70&amp;ssl=1 1068w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></p> 
<p>The robust performance of Bitcoin ETFs today, following the massive $520 million inflow on Monday, raises the question of whether the BTC price will reach another peak of $60,000 during this bull run.</p> 
<p>The surge in spot Bitcoin ETF volumes and inflows underscores the growing interest in Bitcoin ETFs and indicates a notable change in investor sensitivity. Bitcoin and Ethereum, the two major cryptocurrencies, have recorded gains of approximately 30-36% respectively compared to the beginning of the year.</p> 
<p>Matrixport predicts that the outperformance of BTC and ETH compared to oil, Nasdaq, S&amp;P 500, gold, and bond ETFs will trigger FOMO among Wall Street investors and clearly lead the broader asset groups. Nvidia is at the forefront with over 64% ROI.</p> 
<p>BlackRock’s iShares Bitcoin ETF (IBIT) and Grayscale’s GBTC are trading 3.73% and 3.80% higher in the pre-market hours on Tuesday, respectively. Increased investment from Wall Street investors into GBTC is expected to trigger another high-performance day.</p> 
<p>Other major Bitcoin ETFs, including Fidelity Wise Origin Bitcoin Fund (FBTC), Ark 21Shares Bitcoin ETF (ARKB), and Bitwise Bitcoin ETF (BITB), are trading 4.11%, 4.07%, and 3.63%, respectively. Fidelity had the highest gains on Monday with a $243.3 million inflow. Experts anticipate that ETFs will continue to set new volume records this year, with the halving event acting as a triggering mechanism.</p> 
<h2 id="strong-will-btc-price-reach-60-000-strong"><strong>Will BTC Price Reach $60,000?</strong></h2> 
<p>In addition to the spot Bitcoin ETF, crypto stocks such as MicroStrategy, Coinbase, and Robinhood are also experiencing high trading volumes in the pre-market hours. MSTR price rose by 6.09% to $845 after acquiring an additional 3,000 Bitcoins, increasing its holdings to 193,000 BTC. COIN reached a new 52-week high of $203.63 in pre-market hours.</p> 
<p>Crypto mining stocks such as CleanSpark, Riot Platforms, and Marathon Digital are trading 5-10% higher after a more than 20% surge when Bitcoin surpassed $57,000.</p> 
<p>According to CryptoQuant, Bitcoin’s upside potential is likely as long-term holders with a 2-3 year holding period surpass the resistance price. The BTC price has surged significantly, and it is likely to surpass the previous cycle peak of $68,000, which could act as a forward resistance, given that $57,000 is the only resistance price above.</p> 
<p>The BTC price has risen by over 11% in the last 24 hours and is currently trading at $56,784. The trading volume has increased by over 200%, indicating a bullish sentiment among traders.</p> 
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<p>The post <a rel="nofollow" href="https://en.coinotag.com/bitcoin-surge-on-wall-street-fomo-among-investors-may-increase/">Bitcoin Surge on Wall Street: FOMO Among Investors May Increase!</a> appeared first on <a rel="nofollow" href="https://en.coinotag.com">COINOTAG NEWS</a>.</p>

Bitcoin Surge on Wall Street: FOMO Among Investors May Increase!

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