Bitcoin And Ethereum Rally Not Over: Crypto Capital Inflows Reach One-Year High

Bitcoin And Ethereum Rally Not Over: Crypto Capital Inflows Reach One-Year High

Many had speculated that the rally in the crypto market was going to wane following the Spot Bitcoin ETF rumors fading out. That hasn’t been the case, though, and a recent revelation from a prominent crypto analyst suggests that the two largest cryptocurrencies by market cap, Bitcoin and Ethereum, could continue to see an upward trend. 
New Liquidity Coming Into The Market Could Boost Bitcoin, Ethereum
In a post shared on his X (formerly Twitter) platform, Crypto analyst Ali Martinez revealed that the crypto market has seen close to $10.97 billion in positive capital inflows, which represents the highest level this year. According to him, this inflow of capital into crypto could potentially mean that investors are heavily bullish on these assets. 

Meanwhile, there is also further evidence that the market, most especially Bitcoin, could see an influx of new money in the coming days, as Martinez mentioned in a subsequent post that over 700,000 new BTC addresses were created on Novem

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