BitMart Market Report: BTC breaks through $117,000 this morning, setting a new record
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Planet Daily News: According to BitMart's market report on July 11, the total cryptocurrency market capitalization was approximately $3.64 trillion, rising 4.85% from the previous day; BTC increased by 5.62%, creating a two-day historical high. Yesterday, BTC ETF saw a net inflow of $387 million; ETH surged by 7.64%. Stimulated by multiple positive factors, ETH briefly broke through the $3,000 mark last night, reaching a high of $3,002.99 USDT. Yesterday, ETH ETF recorded a net inflow of $42 million; Altcoins generally rose, with the fear and greed index reporting 67 today, and market sentiment gradually heating up. BitMart X Insight data shows that the current crypto market sentiment is extremely optimistic, with a 24-hour market sentiment index of +65; the crypto market's social heat is generally positive with an average SSI of 68.75, with ORDI and SEI leading the charge, mainly driven by widespread price increases, project benefits, and KOL support, indicating an active Altcoin season. The market's overall warning level is extremely high (social abnormality 100%), and investors are advised to be cautious of market overheating and high volatility.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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