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Bitcoin: 350% Surge in Capital Inflows – Why Prices Haven’t Reacted Yet
In a shocking turn of events, Bitcoin has witnessed a staggering 350% increase in capital inflows, with the amount rising from $1.82 billion to an astonishing $8.2 billion. However, despite this massive influx of funds, the cryptocurrency’s prices have remained eerily steady, showing no signs of reacting to this surge.
This anomaly has left many market enthusiasts perplexed, prompting questions about what could be driving this behavior. One possible explanation lies in the fact that capital inflows may not necessarily translate into a corresponding increase in price due to other factors at play.
While it is unclear as to why prices haven’t reacted yet, this significant influx of funds does present a compelling argument for a potential future price surge.
Source: https://ambcrypto.com/bitcoin-350-surge-in-capital-inflows-why-prices-havent-reacted-yet/
