Crypto market panorama
BTC (1.64% | Current Price 121,248 USDT): After a period of consolidation, the BTC price has experienced a strong surge in a short time, currently breaking through the 121,200 USD mark and setting a new high of 121,260.3 USD in this round of increases. The strong bullish candlestick indicates a concentrated explosion of buying power. If it can steadily hold above 121,000 USD in the short term, it is expected to continue its upward trend. On August 8, the net inflow of BTC ETF reached 403 million USD in a single day, with BlackRock's IBIT inflowing 360 million USD and Fidelity's FBTC inflowing 30.5 million USD, indicating that institutional funds are continuously increasing their positions in Bitcoin, thereby enhancing the allocation weight of this asset.
ETH (2.27% | Current Price 4,313 USDT): The price of ETH has briefly returned