Bitcoin Nears $120,000 As ETF Money Returns—And Why That Matters
7 Articles
7 Articles
Bitcoin Nears $120,000 As ETF Money Returns—And Why That Matters
Bitcoin pushed to about $118,400 on Thursday after two straight days of net buying into U.S. spot bitcoin ETFs—roughly $430 million on Sept. 30 and another $270 million on Oct. 1. That fresh demand helped flip market mood and set off a wider rally across major tokens. What happened, in plain terms When investors buy […]
Bitcoin above $120k: Here’s 3 data points bulls must watch next - Coin Surges
Bitcoin price is back above $120,000, and the market has clean data to read instead of just vibes. Spot pushed through the important $120,000 level on Oct. 2 with a close near $120,606 after a +5.5% climb from Sept. 29, and it’s holding the level today even with a small give-back. The spike in spot price isn’t an isolated act. Bitcoin ETFs printed two straight days of heavy net creations, roughly $676 million on Oct. 1 and $627 million on Oct. 2…
The digital currency is recovering price levels not seen since mid-August. Read more
Over $300M shorts just got Liquidated as Bitcoin smashes $120K, but is this rally running on fumes?
ETF Inflows Flip the Script Key Highlights • Bitcoin rockets from $109K to $120K in less than a week as ETF inflows flip positive. • $309M in liquidations, mostly shorts, accelerate the surge. Yello, Paradisers! For much of late September, Bitcoin ETFs looked like a leaking bucket, nearly $700 million drained out between September 22 and 26. Then, almost overnight, the tide reversed. From September 29 through October 1, inflows poured back in: $…


Bitcoin Hits $120,000 as ETF Inflows Surge and Shorts Get Crushed
For most of late September, Bitcoin ETFs were seeing consistent redemptions, with nearly $700 million in combined outflows between September 22-26. That trend reversed dramatically starting September 29, when funds registered inflows of $518 million, followed by $430 million on September 30. On October 1, momentum accelerated with $676 million in net inflows across major issuers, including BlackRock, Fidelity, and Ark Invest. This three-day stre…
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