Announcements Gate Research: Bitcoin and Ethereum Show Modest Gains, Spot ETF Outflows Continue

Gate Research: Bitcoin and Ethereum Show Modest Gains, Spot ETF Outflows Continue

2024-09-14 08:45:16 UTC 13083 Read

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Gate Research Daily Report: On September 13, BTC price increased by 1.30%, currently at $58,150.4, with a total rise of 3.66%. ETH price saw a slight increase of 0.28% to around $2,360, with future trends depending on a breakout from the current consolidation range. Ethereum’s daily gas usage reached an all-time high on September 1. DOGS has the highest total holdings across the network, amounting to $24.555 billion. Yesterday, Bitcoin ETFs saw a net outflow of $39.02 million, while Ethereum ETFs had a net outflow of $20.14 million.

1inch released an innovative cross-chain whitepaper, introducing the Fusion+ protocol aimed at simplifying user experience. eToro USA LLC has agreed to pay $1.5 million to settle charges from the SEC.

**Market Analysis**: ETH edged up 0.28%, hovering around $2,360, with expectations of continued fluctuations. Bitcoin ETFs saw a net outflow of $39.02 million yesterday, while Ethereum ETFs had a net outflow of $20.14 million.
**Top Performers**: The most popular tokens in the past 24 hours are KITEAI, SUNDOG, and POPCAT.
**Data Highlights**: Total BTC holdings across the network reached $10.096 billion, while total ETH holdings stand at $3.477 billion.
**Spotlight Analysis**: 1inch released an innovative cross-chain whitepaper, introducing the Fusion+ protocol to simplify the user experience.
**Market Opportunities**: Three projects publicly announced funding rounds, raising a total of $9.35 million, primarily from the DeFi sector.

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Gate.io Team
Sep 14th, 2024

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