Bitcoin is back above $116,000 after ETFs saw their biggest inflows in nearly two months. At the same time, analysts are naming MAGACOIN FINANCE as one of the top new cryptos to buy, with many calling it undervalued compared to Bitcoin’s current rally.
U.S. spot Bitcoin ETFs brought in $1.8 billion this week, the largest inflows in nearly two months. On September 12, the group logged $377.7 million in net inflows, marking five straight days of positive entries.
BlackRock’s IBIT led the charge with $366.2 million, while Fidelity’s FBTC added $134.7 million. Bitwise’s BITB followed with $40.43 million. This renewed activity has boosted confidence in Bitcoin after a quiet August where Ether ETFs attracted more attention.
As of September 12, spot Bitcoin ETFs now manage $149.64 billion, accounting for more than 7.14% of Bitcoin’s total market value. Analysts say ETF activity is now a key driver in price moves, linking institutional flows directly to Bitcoin’s rallies.
This comes as the Federal Reserve considers cutting interest rates. With high chances of a rate cut at next week’s FOMC meeting, the environment is turning more favorable for risk assets like Bitcoin.
Bitcoin pushed past $116,000 this week, following the U.S. Producer Price Index (PPI) report, which showed weaker-than-expected inflation. This has fueled hopes that the Federal Reserve will soon cut rates.
Traders are now pricing in a 50 basis points cut, with some markets betting on three cuts this year. The softer inflation outlook, combined with political pressure from President Trump urging for immediate easing, is giving Bitcoin bulls more confidence.
Commentators suggest that under favorable conditions, Bitcoin could move toward $150,000 before year-end, with some forecasts even calling for $200,000 in 2025.
While Bitcoin climbs, analysts are pointing to MAGACOIN FINANCE as a fresh altcoin that could grow even faster. With its price still under $0.0005, some believe it can easily cancel two zeros once listings go live.
Experts say MAGACOIN FINANCE is undervalued compared to Bitcoin’s rally and could benefit from capital rotation into smaller coins. The project is seen as safer than most meme-style tokens thanks to its audits and upcoming listings, making it a legit option for those seeking the best crypto to buy now.
Many analysts expect it to outperform Bitcoin in relative terms, suggesting it could move 15x faster as the market heats up.
With Bitcoin back above $116,000 and ETFs pulling in billions, this is a market where both large and small coins can thrive. Traders looking beyond Bitcoin should explore new altcoins that combine hype with legitimacy.
Those who want early entry should consider visiting MAGACOIN FINANCE’s website before major listings, as opportunities in new projects often move quickly. Learn more via these official links:
Website: https://magacoinfinance.com
Telegram: https://t.me/magacoinfinance
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