Good morning, here is what you need to know this Wednesday, July 24:

🔵 Ethereum beat bitcoin on the first day of ETF trading. While ETH ETFs ended with a positive net capital flow, bitcoin ETFs closed a red day.

🔵 Indicator that anticipated large rises in bitcoin gives a new buy signal. Hash Ribbons (data related to mining) turn green again after 2 months and indicate that the upward trend continues.

🔵 Bitcoin mining stocks are about to mark a new all-time high. The aggregate market capitalization of publicly traded mining companies is approaching record levels.

Commissions in Bitcoin and Ethereum remain low: 6 sats/vbyte ($0.56) in the case of BTC and 6 gwei ($0.29) to send ETH.