The post Crypto Price Analysis 9-24 BTC, ETH, SOL, WIF, DOT, TON, INJ appeared on BitcoinEthereumNews.com.

Bitcoin (BTC) surged past $64,000 on Monday, rising to a high of $64,400 before dropping to its current levels. The world’s largest cryptocurrency has been up over 8% during the past seven days as it continues its rally following the 50 bps rate cut by the Federal Reserve. Gold also rallied to a new high, while the yen dropped further on a quiet day for the Japanese markets.  Ethereum (ETH) also maintained its position above $2,600, although sellers are looking to push it below that level. The altcoin is down almost 2% over the past 24 hours. Meanwhile, Solana (SOL) is marginally down, trading around $146, but despite being sluggish over the past 24 hours, it has registered an increase of almost 11% during the past seven days.  Crypto Investment Products Extend Positive Streak  Crypto investment products have continued to draw heightened investor interest, with funds registering their second week of inflows. According to a report by CoinShares, global digital assets posted a total of $321 million worth of inflows over the past week. However, this figure was slightly lower than the $436 million recorded last week. CoinShares stated that inflows into US-based funds made up a significant chunk of the total inflows recorded, with Switzerland following closely with $63 million, its second-largest inflows this year. However, Germany, Sweden, and Canada did not register inflows; instead, they registered outflows worth $9.5 million, $7.8 million, and $2.3 million.  According to CoinShares, the inflows were boosted by the Federal Reserve’s dovish stance and its decision to implement a 50 bps rate cut, fueling significant interest and investments in risk assets such as cryptocurrencies. As a result, crypto funds registered a 9% jump in the total assets under management (AUM), while total investment product volumes reached $9.5 billion, an increase of 9% compared…

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Filed under: News - @ September 24, 2024 12:22 pm