Bitcoin is trading over $63,000, having a slight daily decline but a 2% weekly increase, highlighted by strong positive net inflows into BTC ETFs.
China is considering a massive 1 trillion yuan capital injection into its state banks to support economic recovery, coinciding with current monetary easing measures.
Ether traded above $2,500, reflecting a small daily drop but an overall weekly gain of 8%, with notable daily net inflows into ETH ETFs.
Daily net inflows into BTC ETFs exceeded $100 million for two consecutive days, leaning towards a shift from sales to accumulation in market activities.
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