Bitcoin Clears $98,000 As Crypto Market Inflows Exceed $62 Billion

Quick Summary:

Bitcoin has set a new all-time high (ATH) beyond the $98,000 level today, as on-chain data shows cryptocurrency inflows have rocketed up.

Considering that the previous transaction of any coin was likely the last point at which it changed hands, the price at the time would denote its current cost basis.

Thus, BTC + ETH Net Position Change, which tracks these changes, reflects the USD netflows happening for the top two assets.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: BTCUSDT Bitcoin Rally Bitcoin Bitcoin News Bitcoin inflows Crypto inflows Bitcoin All-Time High Bitcoin surge Btc

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 10:00:07 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 469 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23763256

View Article Analysis

About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions