🕯 Funds are investing in #Bitcoin, while #Tether prints money

While #BTC was climbing towards its price peaks in an attempt to break through the #ATH, and all BTC holders were in profit, according to #IntoTheBlock, two more events added fuel to the market:

🔼 Spot #ETFs on digital gold brought in $870 million in yesterday's session, marking the third-largest inflow since the instrument's launch.

🪙 The issuer of #USDT released another 1 billion coins on the #TRON blockchain.

Meanwhile, Bitcoin dominance has reached 60%, and experts anticipate an upcoming market shift toward altcoins. However, this is likely only after a new potential BTC growth trigger, driven by a key interest rate cut in the U.S., expected as soon as November 7, with a 98% market expectation.

#CryptoNews

✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.