Positive Sentiment of Bitcoin : -

According to Fundstral Global Advisors told that the sentiment of Bitcoin is usually positive during the Lunar New Year holidays in Asia . this is due to the positive momentum by ETF inflows and the upcoming Bitcoin halving in April which supports the outlook for for further price will increase. Bitcoin has recovered all its losses since the May 2022 . Bitcoin near around $ 50000 after shortly goes up the closely watched level for the first time in the period of 2 years, this is a remarkable comeback from the Crypto Scandals and collapse that cast may be doubt on the crypto industry's.
The biggest digital currency climb as high as $ 50318 as of 7.40 A.M. on Munday in the US Markets and was trading at $ 49985 of 7.40 A.M. on Tuesday in Singapore Exchange.Now the BTC is just tripled in value scince the start of last year at 64% jump in 2022, BTC remains below in all - time high of almost $ 69000 touched in November 2021..
Due to the latest rally has been operated by optimism in the last month's US approved of spot Bitcoin Exchanges - traded funds is leading to measur mainstream acceptance. THE TALK ABOUT btc inflow of money into the strength , it is told by Matt Maley , chief market strategist of Miller Tabak & Co. " according to him , the momentum players are getting excited as well ".The crypto related companies of Shares may be raised on Monday with Bitcoin proxy MicroStrategy Inc, rising 11% , at trading plateform in Coinbase Global Inc, rising 3.8% and miner Marathon Digital Holdings Inc, rising 14.3% . Due to positive sentiment may be happened in Asian Stocks related to Digital advantage.

ETF inflows : - 

There are 9 US spot BTC exchange - have traded - funds since 11 Janurary  while a decade - old Grayscale Bitcoin Trust converted into as ETF  IN THE SAME DAY, This oppertunity of ETF promises to give space to the investor base for token. The new funds may be attracted roughly $ 8.90 billion so far, and $ 6 billion outflow from the Grayscale fund science it converted seems to the losing steam.
The momentum of cryptocurency has a big chance of rising up further when markets see  weekly movement in upwards of 11% we saw last week. Halving cuts the quantity of BTC that miners receive for using the powerful computers that verify transactions on the blockchain. The event is often viewed a support for prices based on historical example. Due to the ETF inflows, the sentiment for BTC is aggressive positive in the Lunar New Year holidays in the Asia.
Now at the writing the BITCOIN is trading $ 49702 in Crypto Exchange.

Disclaimer : the above information is for eduction and information purpose onle . We are not giving any financial advice. crypto market is higly risky