$103,677.00
-0.95%$2,480.66
-4.46%$2.15
-2.26%$643.72
-3.44%$148.43
-2.60%$0.999804
0.01%$0.176649
-6.39%$0.278198
2.11%$0.646339
-4.79%$2,479.88
-4.52%$103,572.00
-1.05%$34.63
-0.03%$2,983.78
-4.38%$3.08
-2.04%$13.22
-3.46%$8.88
-1.62%$0.262137
-1.24%$19.36
-3.71%$3.12
-3.01%$385.41
-3.37%$0.00001236
-3.05%$0.999799
0.00%$0.164678
-1.15%$2,480.74
-4.31%$2,647.71
-4.37%$84.31
-3.56%$325.06
-2.63%$1.00
-0.10%$3.89
-2.78%$1.001
0.02%$4.63
0.01%$0.00001108
-4.72%$103,646.00
-0.80%$31.45
0.49%$0.6119
-4.71%$250.82
-4.13%$6.02
-3.68%$1.18
0.08%$367.82
-0.96%$50.32
0.31%$0.09852
-3.28%$1.00
0.00%$4.60
-3.56%$2.28
-6.90%$179.31
-2.16%$4.99
-2.53%$0.801841
-1.94%$1.054
0.01%$16.53
-4.09%$29.57
-5.33%$18.49
-1.26%$0.085221
1.57%$1.001
0.12%$0.638293
-2.75%$0.02329611
-1.87%$0.742544
-6.76%$9.67
-9.99%$3.71
-1.27%$4.42
0.01%$103,465.00
-1.04%$4.13
-3.64%$0.207049
-2.92%$0.294597
-4.51%$1.053
-5.48%$113.09
-2.42%$2.40
-4.79%$0.331916
-5.55%$0.186471
-1.85%$0.0741
1.09%$0.994575
-0.35%$2,483.38
-4.19%$4.37
-1.31%$0.999588
-0.05%$11.14
-0.19%$1.001
0.15%$0.459375
-9.18%$2.04
-5.01%$155.86
-3.35%$1.23
-0.82%$0.372763
-4.41%$0.01752371
-0.71%$2,816.15
-4.81%$0.00001499
-4.31%$11.74
-2.89%$1.72
-0.98%$3.98
-1.75%$2,590.79
-5.08%$1.066
19.30%$0.686493
-7.66%$1.12
-5.34%$0.59764
-5.17%$1.001
-0.08%$0.185646
-2.79%$0.99931
-0.02%$1.00
0.01%$0.059142
-1.51%$103,584.00
-1.07%$0.505828
-6.01%$0.583887
-4.17%$2,649.89
-4.42%$2,590.98
-5.16%$644.22
-3.32%$0.089402
-4.30%$103,502.00
-0.83%$0.847267
-2.31%$0.622574
-0.82%$2,608.95
-4.22%$3,358.33
-1.14%$0.00008427
3.38%$3,375.12
-1.06%$103,735.00
-0.34%$48.67
-3.89%$165.44
-2.06%$2.30
-6.52%$0.736854
-2.38%$192.61
-2.18%$0.01580541
-3.09%$0.771021
-8.27%$111.32
0.01%$0.01394476
-1.49%$1.00
0.01%$0.00000068
-2.47%$20.17
-5.75%$0.489559
-2.65%$0.173263
-4.28%$4.06
-0.81%$0.266302
-2.86%$0.112561
-0.92%$32.39
-2.32%$0.997412
0.01%$103,381.00
-1.10%$2.01
-0.03%$0.105529
-2.76%$0.614577
-3.44%$2.13
0.28%$1.11
0.12%$1.80
-3.16%$0.00952904
-1.96%$1.11
1.22%$0.73313
4.25%$2.02
7.76%$0.550023
-3.76%$0.99995
0.02%$0.353842
-3.10%$9.83
0.48%$2,482.87
-4.63%$1.58
-2.47%$2,482.37
-4.45%$2.90
0.44%$0.197892
3.56%$2,590.71
-5.26%$2,658.91
-4.23%$0.268664
-1.79%$103,426.00
-1.15%$2,483.44
-4.13%$34.64
0.11%$0.01467928
-2.29%$0.997148
-0.15%$103,386.00
-1.01%$2,680.00
-4.32%$0.485103
-6.65%$0.065209
0.90%$0.04671108
-5.06%$0.050163
0.21%$0.418896
0.05%$0.176545
-6.19%$49.64
14.06%$0.61695
-4.96%$0.999804
0.01%$1.44
1.52%$1.097
7.23%$0.128487
-3.14%$0.00429119
-9.07%$14.89
-4.00%$101,608.00
1.07%$0.498997
-6.94%$0.00002083
-3.02%$0.522049
-5.47%$1.089
-0.01%$5.79
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-5.02%$0.379931
-3.83%$0.00000041
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0.06%$0.997235
-0.07%$36.83
-0.47%$1.67
1.51%$6.06
-5.19%$1.002
0.27%$0.329761
-6.31%$0.00668761
-2.37%$0.00419423
-2.78%$0.383621
-4.10%$2.36
-4.67%$0.999808
-0.01%$34.65
0.07%$1.16
3.18%$0.073597
-3.07%$0.146878
3.35%$2,627.86
-4.50%$0.01900359
-0.75%$1.29
-5.90%$0.03742704
-3.76%$0.00431694
-5.90%$0.531651
-6.80%$0.135742
-3.19%$0.353262
3.17%$2,729.85
-4.43%$0.00396146
-2.75%$0.03360035
2.28%$1.22
-5.59%$103,487.00
0.31%$103,640.00
-0.91%$2,712.08
-4.05%$0.071
-5.62%$0.786347
-1.11%$123.97
-3.74%$0.00619134
-4.47%$7.87
-4.80%$0.00000082
-6.31%$3.22
14.26%$0.00005802
-1.63%$19.24
-0.95%$0.999656
0.03%$1.00
0.11%$2,481.67
-4.21%$0.20706
-2.80%$0.125458
-1.86%$161.41
-2.75%$0.999954
-0.01%$19.37
-3.55%$2,474.77
-5.10%$1.53
24.52%$0.643172
-3.87%$0.309668
-2.53%$0.00000141
-1.55%$0.294791
-4.38%$0.473853
-0.82%$0.614663
-4.30%$2.31
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-6.09%$0.00395879
-2.46%$1.67
-0.66%$0.00303457
-3.34%$0.999951
0.02%$102,737.00
-2.03%$2,082.40
-0.90%$1.001
0.04%Reading
Crypto investment funds have continued to break records—even as the price of Bitcoin and demand for ETFs has become more sensitive to polls and perception as the U.S. election nears.
Last week, $2.2 billion hit funds giving investors exposure to digital coins and tokens, data from CoinShares shows. The European asset manager tracks digital asset funds all over the world.
Most of that money came from American investors wanting to gain exposure to BTC via spot Bitcoin exchange-traded funds (ETFs), CoinShares said. The funds, approved in January, give Americans the ability to buy shares that track the price of Bitcoin.
📈 Digital asset investment products saw inflows of US$2.2bn last week. #Bitcoin and #Ethereum saw inflows of US$2.2bn and US$9.5m respectively.
To understand why Bitcoin is so sensitive to the US election and to get our insights, read our full report: https://t.co/3TMajAV8q1 pic.twitter.com/zG28scWtnv
— CoinShares (@CoinSharesCo) November 4, 2024
Now, a total of $29.2 billion has been plugged into all crypto funds year-to-date—a new record. Last week, the Bitcoin ETFs collectively surpassed a milestone of 1 million BTC in assets between them.
“We believe euphoria around the prospect of a Republican victory was the likely reason for these inflows as they were in the first few days of last week,” CoinShares said in a report.
“As polls turned, we saw minor outflows on Friday, highlighting how sensitive Bitcoin is to the U.S. elections at present,” the report added.
Republican ex-President Donald Trump is neck-and-neck with Democrat Kamala Harris in the race for the White House, national polls show. The former real estate mogul has explicitly said he’d help the digital asset industry, and now even has a decentralized finance (DeFi) project called World Liberty Financial.
Investors have swung from bullish to bearish whenever polls show that Trump may be falling behind Harris in the polls. Over the weekend, Trump’s odds on crypto prediction market platforms like Polymarket fell following a poll suggesting a potential surprise Trump loss ahead in Iowa—and the price of Bitcoin dipped alongside.
Momentum for Bitcoin is beginning to cool following a white-hot week for the asset, beginning October 28, where it traded $175 shy of its all-time high. Bitcoin dipped as low as $67,569 on Sunday, its lowest point in a week, data from CoinGecko shows. Its latest slip comes as self-proclaimed crypto candidate, former President Donald Trump, faces fresh warning signs ahead of Election Day on November 5. Bitcoin is down by nearly 2% on the day but remains up by about 1% over the past seven days to...
Bitcoin’s price now stands at $68,401, according to CoinGecko, a modest 1% rise over the past 24 hours. The digital coin last week was close to beating its $73,737 all-time high, coming just $175 away from the record price set back in March.
CoinShares added that Ethereum, the second biggest digital currency, received small inflows of $9.5 million last week.
Edited by Andrew Hayward
Circle stock surged Thursday as the stablecoin issuer began trading on the New York Stock Exchange, marking one of the strongest debuts by a crypto-native firm in recent memory. The offering raised nearly $1.1 billion, giving Circle a closing market capitalization of $18.4 billion, positioning it behind sector giants but ahead of smaller entrants. Trading under the ticker CRCL, Circle listed 34 million shares and quickly attracted investor demand. The stock opened at $69 and peaked at $103.75 i...
Crypto users are finding a new way to put their knowledge to the test: prediction markets. The markets, which have grown in popularity since the United States presidential election, allow users to trade probabilities in real-time, predicting outcomes related to sports, pop culture, weather, crypto, politics, and more. Below, we’ll dig into some of Myriad Markets’ most popular and interesting prediction markets this week. (Disclaimer: Myriad Markets and Decrypt share a parent company in DASTAN...
Bitcoin and major altcoins tumbled late Thursday as concerns about the the re-escalating trade war, slowing U.S. economic indicators, and a brewing feud between U.S. President Donald Trump and billionaire Elon Musk trumped euphoria over Circle's smash debut as a publicly traded company. The largest cryptocurrency by market capitalization was recently trading at about $100,825, down nearly 4% during the past 24 hours, according to crypto market data provider CoinGecko. Bitcoin, which last sank be...
