Categories: News

Bitcoin, Ethereum ( ETH ) and Litecoin ( LTC ) lead the race of net crypto inflow

The past 24 hours have been happening for cryptocurrencies. Bitcoin is up by 5% while Ethereum is up by almost 10%. According to TA data points, today might be the day when Bitcoin crosses $6,000 a new high after a 7 months period.

Monitored by the team at Coinness, both Ethereum and Bitcoin have the max net coin inflow in all the cryptocurrency markets in the past 24 hours time period. Net Coin Inflow is the measure of purchase of a new coin. That means more and more people are buying a particular coin.

Ethereum is leading the race with $131 million ETH tokens being bought in the 24 hours period. It is followed by Bitcoin with $19.6 million worth of Bitcoins being bought in the past 24 hours period. At the third place, there is Litecoin with around $18.5 million worth of Litecoins being bought in the past 24 hours period.

Bitcoin is currently trading at  $5,936 while Ethereum is trading at $177. Litecoin is trading at $76.86. All three cryptocurrencies show strong bullish strength.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

3 months ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

3 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

3 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

4 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

5 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

5 months ago