ALX LEADS YOUTH UNEMPLOYMENT CHARGE WITH ACCESSIBLE, AWARD-WINNING TECH EDUCATIONUpsides of Social Media MarketingThe crypto market added 1.3% in 24 hours to $2.58 trillion. This is roughly the area where trading has been centred for the last week, despite attempts by speculators to rock the market.
Bitcoin continues to hover near the upper edge of the descending range, building up strength before the next move. All we have to do is reiterate that an exit above $70K will break this bearish pattern. Until then, the classic development is a pullback to the lower boundary, but we see this as an alternative option, suggesting a further breakout after consolidation.
MicroStrategy founder Michael Saylor pointed out that 32 cryptocurrency ETFs have accumulated more than 1 million BTC —or about 5% of all asset issuance. According to SoSoValue, the largest ETF is still Grayscale’s GBTC, with $20bn in assets under management , almost caught up by its closest competitor, BlackRock’s IBIT.
George Soros’ fund invested $159 million in the first quarter in shares of MicroStrategy, a company that accumulates bitcoins.
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