Bitcoin Under $76,000 After $430M ETF Outflows. Has It Bottomed?
44 Articles
44 Articles
Bitcoin Under $76,000 After $430M ETF Outflows. Has It Bottomed?
A rare 4-sigma stock market rout dragged Bitcoin down while every spot ETF issuer watched cash walk out the door. One small bounce has traders split on whether the worst is over, and a single price line may settle it.
Bitcoin ETF inflows return as US crypto legislation faces delays
Bitcoin’s post-election recovery and renewed ETF inflows suggest institutional interest remains intact, even as analysts warn that a Democratic-controlled Congress could delay US cryptocurrency legislation. Ryan Kirkley, co-founder and CEO of Global Settlement Network, told crypto.news that the midterm results…
Bitcoin ETFs Gain $75M Despite BlackRock IBIT Outflows
US-listed spot Bitcoin and Ether exchange-traded funds (ETFs) snapped their outflow streaks on Wednesday as cryptocurrency markets rebounded following the US midterm elections. Bitcoin (BTC) ETFs attracted $74.6 million on Wednesday, while Ether (ETH) funds added $53 million, according to SoSoValue data. The turnaround ended three consecutive trading sessions of Bitcoin ETF outflows totaling $1.16 […]
Bitcoin operates in a slight fall on Tuesday (3), at $77,000, still without recovering the levels prior to the attack on Binance last week. In this session, however, the pressure comes mainly from the new fall in technology actions and the strong exits of ETFs in view of cryptocurrency in the United States. At around 10:30 a.m., bitcoin fell 0.6% in 24 hours, to $77.666.37, according to CoinGecko. In Brazil, it was negotiated R$425.543.22, pract…
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