15 Articles
15 Articles
Bitcoin Plunges to $59K as 14-Session ETF Exodus Tops $5 Billion
Bitcoin hit $59,990 on Friday — its worst level since October 2024 — after a brutal 6% slide in under… Read the original on Bitcoin Plunges to $59K as 14-Session ETF Exodus Tops $5 Billion. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Bitcoin has fallen below $59,000 for the first time since October 2024. Its total value loss over the past week has reached 18 percent.
Bitcoin ETFs Bleed $326M as BTC Sinks to $59K and Ether Slides Toward $1,500
U.S. spot bitcoin exchange-traded funds (ETFs) recorded $326 million in net outflows on June 5, while U.S. spot ether ETFs lost $5.97 million. The fresh redemptions resumed selling pressure barely a day after both products had snapped long outflow streaks. Outflows Return After a Brief Reprieve Spot ETFs are regulated funds that hold bitcoin or […]
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