Bitcoin ETFs record 5-day inflow streak amid geopolitical tensions
Bitcoin (BTC) exchange-traded funds (ETFs) recorded five days of consecutive inflows, despite the recent geopolitical turmoil caused by the Israel-Iran conflict.
According to data from Farside Investors, the streak began on Monday, June 9, with inflows of over $386 million and continued through Friday, with an additional $301 million in inflows.
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Read MoreThe Burst
3 Bear Market Bargains
The weight of inflation, high energy costs, rising interest rates, and pessimism has dragged prices down to create a bear market. As prices of former high flying stocks creep ever lower, it’s tempting to cut portfolio holdings and run. But some companies stand out with exceptional business models and are trading at attractive valuations.
When news headlines are pervasively negative,
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Read MoreThe Ivy
Market Commentary: MAJOR Trend Change In T – 3, 2, 1…
In today’s market, flows are key. One market analyst, Cem Karsan, related flows and fundamentals with the following analogy. He says that flows are like the wind, which can push a plane in any direction, while fundamentals are like the engine, which determines the plane’s long-term direction.
In the context of trading, flows are the money that is flowing into or out of a particular market.
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