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Opening Bell - Issue 16

Research3 June 2024Copper
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Prepare for the week with key data points and trends in the digital asset marketplace.

A great issue this week with plenty of insights. Here are some top stats from the latest Opening Bell:


• Buy-the-close, Sell-the-Open has yielded returns of 55% for BTC vs 41% in a Buy-and-Hold strategy. It's better for Ethereum. XRP has a surprise too.
• ETF investors have valued each 10k BTC bought at a 2% increase. How far away are markets from a $100k Bitcoin.
• Ethereum OI see massive surge increasing 39% since the start of the year. BTC, only 3%.
• US and Asian markets are counter-balancing each other, despite US markets accounting for over 70% of the trading volume.

Opening Bell | Copper