Leading cryptocurrency Bitcoin And altcoins As we started the new week in green, BTC exceeded $ 72,000.
Ethereum While there was an increase in altcoins under the leadership of ETH It also exceeded the critical resistance level of $ 3,500.
BTC and altcoins continue their rise BTC supporter Cathie Wood’New sales news came from the flour company Ark Invest.
According to The Block, Ark Invest continues to rebalance its investment portfolio. He sold another 62,615 Coinbase shares worth $15.1 million.
Accordingly, the company sold 52,295 shares (valued at $12.6 million) from its Innovation ETF (ARKK) and 10,320 shares (valued at $2.5 million) from its Next Generation Internet ETF (ARKW).
In addition, while the market value of Coinbase shares held by the ARKK fund is 669 million dollars, the market value of COINs held by the ARKW fund is worth 160 million dollars at current prices.
As it is known, Ark Invest collected Coinbase (COIN) shares at rock bottom prices for a very long time. After this, the company started sales in COIN and occasionally sells COIN.
*This is not investment advice.
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