Crypto Rover's Blofin Promo Sparks Surge in BTC & ETH Trading Volumes, Institutional Interest Grows

June 22, 2025
Crypto Rover's Blofin Promo Sparks Surge in BTC & ETH Trading Volumes, Institutional Interest Grows
  • Traders are advised to monitor trading volumes and stock performance to identify potential opportunities amidst the increased market activity.

  • Institutional interest is also on the rise, with a 15% increase in Bitcoin ETF inflows week-over-week, highlighting a shift of capital into cryptocurrencies.

  • This trend aligns with broader market movements, as stable stock indices like the S&P 500 have encouraged capital flow into crypto, with institutional investments in crypto ETFs increasing.

  • The positive movements in the stock market, including a rise in the Nasdaq Composite, often correlate with bullish sentiment in the crypto market, suggesting a favorable environment for traders.

  • Technical indicators show Bitcoin’s RSI at 54, indicating neutral momentum, while the 50-day moving average at $60,800 acts as a strong support level.

  • On-chain metrics reveal a rise in Bitcoin's daily active addresses by 8% over the past week, indicating growing network activity that may precede price rallies.

  • On June 22, 2025, Crypto Rover announced a promotional offer for new users on the Blofin trading platform, providing substantial USDT bonuses for signing up via a referral link.

  • This promotion, which began on June 18, 2025, is expected to drive increased user registrations and trading volumes, creating unique opportunities for both new and experienced traders.

  • Following the announcement, trading pairs like BTC/USDT and ETH/USDT saw volume spikes of 8% and 6% respectively, indicating heightened retail participation.

  • As of June 18, 2025, Bitcoin was trading at approximately $67,500 with a 24-hour trading volume exceeding $25 billion, while Ethereum was at $3,450.

  • Following the bonuses, BTC/USDT experienced a price increase of 1.2%, reaching $68,300 before settling at $67,800, while ETH/USDT saw a 1.5% rise to $3,500.

Summary based on 3 sources


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