Nasdaq 100 Index futures reverse gains, turn to decline

U.S. stock three major index futures rise in the short term, Nasdaq up 0.2%

ChainCatcher reports that, according to Gate market data, the three major US stock index futures have surged in the short term, with Nasdaq 100 index futures up 0.2%, S&P 500 index futures up 1.16%, and Dow Jones futures up 0.09%.

Bitcoin ETF attracts $462 million, BTC briefly surpasses $73,000

U.S. spot Bitcoin ETF recorded a net inflow of $462 million on Wednesday, with a three-day total of $1.1 billion. BlackRock IBIT was the fund with the largest single-day inflow. Although the capital inflow indicates an improvement in market sentiment, the Fear & Greed Index remains in the "Extreme Fear" zone, and more sustained inflow data is needed to confirm a trend reversal.

Oil prices surge, interest rate cut expectations cool down! Circle benefits as the target price breaks $100

U.S. stablecoin giant Circle recently surged nearly 8% in stock price, hitting a four-month high, due to soaring oil prices and a cooling of interest rate cut expectations. Mizuho Securities raised its target price to $100, while maintaining a "Neutral" rating, but became more optimistic about profit prospects. Analysts believe that if the Federal Reserve continues to keep interest rates high, Circle's revenue will benefit accordingly, but market competition and regulatory pressures should still be watched carefully.

Bitwise funds the Bitcoin ecosystem through ETF profits, donating a total of $380,000 over two years.

Cryptocurrency asset management firm Bitwise announced that the second donation to open-source Bitcoin developers is $233,000, bringing the total donations to over $383,000. The funds come from 10% of the gross profit from BITB management fees. The donations are distributed among three organizations to ensure support for Bitcoin ecosystem development. BITB has been steadily growing in the market, with a total capital inflow of $2.2 billion, ranking third among U.S. Bitcoin spot ETFs.

Analyst: Bitcoin's new rally is gaining strong momentum, driven by favorable policies and institutional demand

Analyst Owen Lau pointed out that the cryptocurrency market is experiencing a strong rally, especially with Bitcoin breaking through $73,000, related to improved U.S. regulatory environment and active institutional investors. Increased regulatory transparency attracts institutional investment, and crypto assets are gradually integrating into the mainstream financial system. Despite high market volatility, if the trend continues, it may signal the early stages of a recovery, offering long-term investment opportunities. Investors should pay attention to policy developments and capital inflows.