The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120btC.coM): More than a month since the Bitcoin spot ETF was listed on January 11, buying momentum is still quite strong, and institutions continue to increase their positions in large quantities. According to data compiled by Bloomberg, nearly $2.5 billion has flowed into Bitcoin spot ETFs this week! Among them, IBIT issued by BlackRock accounted for as much as 58% of the total capital inflows this week, which is more than other opponents combined.

 **BlackRock IBIT has attracted more than $5 billion**

On Monday, IBIT also recorded its second-highest single-day trading volume since its listing, which was approximately $35 million. In recent days, BlackRock has become increasingly clear as a leader in the Bitcoin spot ETF market. Since its launch, IBIT has received more than $5 billion in inflows, about $1.5 billion more than Fidelity, which has the next most.

 **Crypto Quant founder: Bitcoin is expected to reach $112,000 this year**

As the selling pressure on GBTC continues to decrease, Bitcoin spot ETF funds have continued to maintain positive inflows since January 29, and Bitcoin has become a hot commodity. The price of BTC once exceeded US$52,800 on Thursday, rising 9.7% in the past seven days. Now Quoted at $51,941.

Ki Young, founder of Crypto Quant, a well-known on-chain analysis agency
Ju predicted the price trend of BTC over the weekend, saying that based on the current capital inflow trend of spot ETFs, the top price this year may reach US$104,000 to US$112,000; QCP
Capital also optimistically predicts that Bitcoin may easily break through its all-time high price of $69,000 before the end of March.

 **Mining difficulty reaches record high, competition among mining companies is fierce**

Against the background of the strong influx of funds from spot ETFs and the rise in currency prices, the difficulty of Bitcoin mining has reached a record high, intensifying competition among mining companies.

According to BTC.com data, Bitcoin ushered in a mining difficulty adjustment when the block height reached 830,592. The mining difficulty surged 8.24% to 81.73T, once again setting a new historical high, and the average computing power reached 632.45EH/s. The last difficulty adjustment on February 2 also saw a substantial increase of more than 7.33%.

For mining companies, there are less than two months left before the Bitcoin halving period. This may be the highest financing and profit stage for mining companies before the halving. Therefore, mining companies have begun to work hard to increase their horsepower. Get on the machine, dig first and win first, so as to proactively face the upcoming halving of profits in the future.