Bitcoin Down To $64,500, Ethereum ETFs Stutter: Why Did Crypto Not Rally After The FOMC Meeting?
Bitcoin Down To $64,500, Ethereum ETFs Stutter: Why Did Crypto Not Rally After The FOMC Meeting?
Bitcoin (CRYPTO: BTC) has weathered a turbulent 24 hours, with the cryptocurrency experiencing a 2.3% decline to $64,500.
比特币(CRYPTO:BTC)经历了一个动荡的24小时，加密货币经历了2.3%的跌幅至64,500美元。
What Happened: Despite the price dip, underlying investor sentiment remains bullish, driven by significant inflows into Bitcoin spot ETFs.
发生了什么事：尽管价格下跌，但基本投资者情绪仍然看好，这是由于比特币现货ETF的大量流入所推动的。
Data released today reveals a net inflow of $298,900 into Bitcoin spot ETFs on July 31, signaling sustained institutional appetite for the world's largest cryptocurrency.
今天发布的数据显示，7月31日比特币现货ETF净流入298,900美元，表明机构投资者持续看好这个全球最大的加密货币。
BlackRock's (NASDAQ:IBIT) ETF led the charge with a substantial inflow of $20.9892 million, while Grayscale's mini ETF BTC also saw significant inflows of $17.9954 million, according to data from SoSo Value.
根据SoSo Value的数据，贝莱德(NASDAQ:IBIT)的ETF引领了潮流，净流入了2098.92万美元，而Grayscale的迷你ETF BTC也看到了1799.54万美元的大量流入。
This influx of capital into Bitcoin ETFs suggests that institutional investors are increasingly viewing Bitcoin as a viable asset class.
这些资金流入比特币ETF表明机构投资者越来越将比特币视为一种可行的资产类别。
These fund movements occurred as Bitcoin's price dipped 2.3% to $64,500.
这些资金流入发生时，比特币价格下跌了2.3%，至64,500美元。
Also Read: Trump Launches Limited Edition Bitcoin-Themed Sneakers Following Bitcoin 2024 Keynote: Report
此外阅读:特朗普推出限量版比特币主题运动鞋，紧接着比特币2024主题演讲:报告。
Why It Matters: The broader cryptocurrency market exhibited signs of weakness.
为什么这很重要：更广泛的加密货币市场表现出了疲软的迹象。
Ethereum (CRYPTO: ETH) plunged 3.7% to $3,190, with its spot ETF recording a net outflow of $77.2111 million.
以太坊(CRYPTO:ETH)暴跌3.7%，至3,190美元，其现货ETF记录了7,721.11万美元的净流出。
Grayscale's (NYSE:ETHE) ETF also experienced a substantial outflow of $133 million, data shows.
Grayscale (NYSE:ETHE)的ETF的流出数据也显示出了大幅的资金流出，为1.33亿美元。
Despite the short-term volatility, industry experts remain optimistic about the long-term prospects of cryptocurrencies.
尽管短期波动，行业专家仍然对加密货币的长期前景持乐观态度。
Bitcoin analyst Willy Woo presented an ambitious outlook, stating, "Nobody knows what the ultimate price of Bitcoin will be, but simple maths can give us an upper bound."
比特币分析师Willy Woo提出了一个雄心勃勃的展望，他说:"没有人知道比特币的最终价格会是多少，但简单的数学可以给我们一个上限。"
Woo suggested a potential price range for Bitcoin between $700,000 and $24 million per coin, based on different allocation scenarios in global wealth assets.
Woo根据全球财富资产的不同配置情景，提出了比特币价格在70万美元至2400万美元之间的潜在价格范围。
"If we assume 3% as a sensible allocation," Woo explained, "then the lower bound of valuation is $700k. Price target range: $700k lower bound, $24m maximum bound (in today's inflation-adjusted numbers)."
"如果我们假设3%是一个合理的配置比例，"Woo解释说，"那么估值的下限是70万美元。价格目标范围：70万美元的下限，2400万美元的最高上限(根据当今的通货膨胀调整的数字)。"
QCP Capital offered a more nuanced perspective, noting the Federal Reserve's dovish stance following the recent FOMC meeting.
QCP Capital提供了一个更为细致入微的观点，指出美联储在最近的FOMC会议后采取了鸽派立场。
They highlighted that while equities rallied on this news, "the rally in equities was not felt in crypto."
他们强调，尽管此消息使股票市场上涨，但"股票市场的上涨并没有传导到加密货币市场。"
The firm pointed to ongoing concerns about ETH ETF outflows and potential supply pressures from Mt. Gox and US government sales.
该公司指出，人们仍然担心以太坊ETF的流出和来自Mt. Gox和美国政府出售的潜在供应压力。
Interestingly, QCP Capital also brought attention to emerging discussions among U.S. political figures regarding a sovereign Bitcoin reserve.
有趣的是，QCP Capital还注意到美国政治人物之间出现了关于主权比特币储备的讨论。
They suggested that such developments "could fundamentally alter the cryptocurrency landscape," potentially establishing a U.S. or sovereign "put" on BTC prices.
他们认为，这样的发展"可能从根本上改变加密货币的格局"，潜在地在比特币价格上建立了美国或主权"看跌"。
These complex market dynamics and forward-looking perspectives underscore the importance of forums like Benzinga's upcoming Future of Digital Assets event, scheduled for Nov. 19.
这些复杂的市场动态和前瞻性的观点凸显了像Benzinga即将举行Future of Digital Assets这样的论坛的重要性，该论坛定于11月19日举行。
- Bahamas Introduces New Crypto Regulation With DARE Act 2024
- 巴哈马引入新的加密货币监管法案DARE Act 2024。
Image: Shutterstock
图片：shutterstock