Get ready to dive into the world of cryptocurrencies with us as we kick off another exciting week in the crypto sphere!

In today's edition, we'll be bringing you the latest market updates, expert insights, and top stories shaping the digital asset landscape.

So grab your coffee, buckle up, and let's explore the ever-evolving world of crypto together! 🌐💰

MARKET OVERVIEW (Today's Cryptocurrency Prices by Market Cap)

The global crypto market cap is $2.46T, a 0.59% increase over the last day.

The total crypto market volume over the last 24 hours is $96.73B, which makes a 13.78% decrease. The total volume in DeFi is currently $8.67B, 8.96% of the total crypto market 24-hour volume. The volume of all stable coins is now $86.96B, which is 89.91% of the total crypto market 24-hour volume.

Bitcoin’s dominance is currently 51.50%, a decrease of 0.07% over the day.

Crypto Market Records First Outflow in 7 Weeks Worth $942M

Despite the market sentiment, altcoins sparked investor interest, resulting in a net inflow of $16 million.

Crypto investment products witnessed record weekly outflows totaling $942 million, the first outflow after a record 7-week run of inflows totaling $12.3 billion.

Bitcoin ‘Real Pump’ Nears New All-Time Highs, Analyst Says

Bitcoin, the ever-enigmatic digital currency, has analysts locked in a heated debate about its 2024 price trajectory. Will it soar to new heights, fueled by institutional adoption and mainstream acceptance, or will it face a reality check and revisit recent lows?

Related Reading: Fantom (FTM) Bull Run: Can FTM Hit $2 After 20% Price Spike?

Bullish Vs. Bearish Perspectives On Bitcoin

The optimists, led by the prominent crypto analyst Cryptoyoddha, paint a picture of a bullish future. They point to a meticulously tracked historical chart showcasing the cyclical price movements of Bitcoin.

Each cycle, Cryptoyoddha argues, follows a similar pattern: a period of accumulation followed by a parabolic surge. This analysis paves the way for the highly anticipated “Cycle IV,” which could propel Bitcoin beyond its current all-time high of $73,750 and potentially reach a staggering $150,000 or even higher.

Stay tuned for tomorrow's updates as we bring you the latest news and information. We will keep you informed and provide you with all the necessary details.

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