Shiba

Bitcoin

Million

Spot

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/spot-eth-etfs-reach-937-million-trading-volume/" data-wpel-link="internal">Spot ETH ETFs Reach $937 Million Trading Volume</a><br></p>
<p style="text-align: justify">Today, spot ETH ETFs reached a trading volume of $937 million, closely trailing Bitcoin ETFs. While BTC ETFs are at $1.1 billion, ETH ETFs have exceeded $850 million. However, BTC is below $66,000 due to a recent influx of approximately 45,000 BTC into the Kraken exchange.</p> 
<p style="text-align: justify">At the same time, Bitstamp exchange announced that MtGox creditors would receive repayments starting July 25. This dampened risk appetite. Additionally, the recent $1.1 trillion loss in US <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">stock markets</a> contributed to the negativity.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-373656 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/abd-piyasalari-dustu-scaled.jpg" alt="" width="2560" height="1444"></p> 
<h2 style="text-align: justify" id="is-ton-coin-a-good-buy">Is TON Coin a Good Buy?</h2> 
<p style="text-align: justify">In the medium and long term, the market outlook is extremely positive. This week, I explained numerous reasons for this multiple times, so let’s look directly at the TON Coin chart. The price, which fell to the $6.77 support, was affected by the overall market sentiment despite Binance’s support for the TON Coin ecosystem.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-373657 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/TON-Coin-Fiyat-hedefi-25-temmuz.png" alt="" width="1402" height="760"></p> 
<p style="text-align: justify">If the TON Coin price closes below $6.77, it is expected to drop to the double top formation targets of $6 and $5.5. However, a sharp rise from here could quickly push the price to $7.72.</p> 
<h2 style="text-align: justify" id="ada-coin-price-targets">ADA Coin Price Targets</h2> 
<p style="text-align: justify"><a href="https://en.coin-turk.com/anticipating-the-spot-bitcoin-etf-approval-ada-coins-current-status-and-forecast/" data-wpel-link="internal">ADA</a> Coin price, which has fallen to moving averages, warns investors about ongoing sales during rallies. If the decline continues, it could drop to the strong support level of $0.35. However, if it closes above $0.46, the target will be $0.52.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-373658 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/ADA-Coin-Fiyat-hedefi-25-temmuz.png" alt="" width="1396" height="755"></p> 
<h2 style="text-align: justify" id="avax-price-target-commentary">AVAX Price Target Commentary</h2> 
<p style="text-align: justify">SMA20 is flattening at $27.55, and RSI does not indicate a clear direction. If sales continue in the coming hours, we could see a drop to $24 and $21.8. Conversely, we need to see AVAX Coin price recovering from moving averages.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-373659 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/AVAX-Fiyat-hedefi-25-temmuz.png" alt="" width="1397" height="756"></p> 
<p style="text-align: justify">This could trigger a new move to $37 and $42, with $29 turning into support again. Of course, the key is that the $33 resistance does not become a hurdle.</p> 
<h2 style="text-align: justify" id="shiba-coin-target">Shiba Coin Target</h2> 
<p style="text-align: justify">The price, squeezed between moving averages, is lingering in a narrow range. Closes below SMA20 could lead to a drop to $0.000015 and then to $0.000013. A bounce from the bottom could keep the price confined to a range, with $0.00002 being the ceiling.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-373660 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/SHIB-Fiyat-hedefi-25-temmuz.png" alt="" width="1391" height="753"></p> 
<p style="text-align: justify">For Shiba Coin investors, a significant upward move is possible with closes above $0.00002. The target for the rise is $0.000026.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/spot-eth-etfs-reach-937-million-trading-volume/" data-wpel-link="internal">Spot ETH ETFs Reach $937 Million Trading Volume</a></h5>
<p>The post <a href="https://en.coin-turk.com/spot-eth-etfs-reach-937-million-trading-volume/" data-wpel-link="internal">Spot ETH ETFs Reach $937 Million Trading Volume</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Spot ETH ETFs Reach $937 Million Trading Volume

Table of Contents

COINTURK NEWS

Other articles published on Jul 25, 2024

Bitcoin Miner MARA Acquires Additional $100 Million in Bitcoin

Bitstamp Next: Final Batch of Mt. Gox Payouts To Commence—Here’s When

Stablecoin Market Value Rising After Months of Recession! What does this herald? Here are the Det...

Ethereum Spot ETFs Expected to Drive ETH Above $5000: Analyst

Ripple CTO Predicts Win For Celsius In Customer Withdrawal Clawback Case

Thailand reveals date for $14b digital currency giveaway

Join our free newsletter for daily crypto updates!