Record-Setting BTC Inflows, Coinbase to Issue $1B in Convertible Notes
Mar 13, 2024
Author
Market Update $BTC surged in the overnight hours, nearing $74k, following a day of record inflows into spot ETF products. It's now trading around $72.5k. $ETH is showing relative weakness this morning, dipping just below $4k. This may be due to capital rotating into Layer 2 solutions and other Ethereum-related assets following the successful Denunc upgrade. Ethereum-adjacent assets such as $AAVE, $SYN, $MATIC, $MKR, and $ARB, are outperforming thus far today. $SOL has continued its gradual climb, now trading just north of $152. $NEAR is also showing relative strength ahead of next week's NVID
Finish reading this report for free
Enter your email and we'll send the paywall-free report directly to your inbox
Articles Read: 2/2
In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time.
Get unlimited access to Tom Lee's Fundstrat research
Subscribe
Already a member?
Log in