Ether ETF October Outflows Near $1.1B as ETH Price Drops 9.7%
14 Articles
14 Articles
Murad says crypto bull cycle has yet to begin as Bitcoin holds near $82K
Memecoin investor Murad has said the crypto bull cycle has yet to begin, with Bitcoin trading near $82,000 after U.S. spot Bitcoin exchange-traded funds recorded $526.7 million in daily inflows. Murad’s Oct. 20 X post declared that the market’s main…
Murad argued that the Bitcoin bull cycle has not yet begun. US spot Bitcoin ETFs saw inflows of $526.7 million on October 19, reducing the October deficit to $88 million.
Bitcoin Price Rebounds to $82K After $526.7M ETF Inflows
Bitcoin recovered above $82,000 during Tuesday's US trading session after an earlier selloff pushed the cryptocurrency toward $81,300, despite US spot bitcoin ETFs recording their strongest daily inflows in nearly a month. Bitcoin traded at $81,364 at 12:18 UTC on October 20, down 1.39% over 24 hours, according to CoinGecko data. The price subsequently rebounded as US equities recovered and oil prices retreated, with a later CoinDesk market quot…
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