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One platform for global traditional assets
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CandyDrop
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Alpha Points
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Futures Points
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K33 Research stated that Bitcoin climbed past $75,000 before pulling back toward its March 2024 all-time high of $73,835. The move marked eight consecutive days of gains, yielding an 8% return over a seven-day period.
The report also identified Strategy as a key driver of demand. The Bitcoin treasury firm accumulated more than 40,000 BTC over two weeks, funded by capital raised through preferred share offerings, providing significant support to the spot market.
However, CryptoQuant signaled that rising prices have coincided with increased Bitcoin inflows into exchanges, with hourly inflows reaching 6,100 BTC.