Institutional Capital Returns to Bitcoin Following Week of Turbulence - BlockTelegraph
16 Articles
16 Articles
Institutional Capital Returns to Bitcoin Following Week of Turbulence - BlockTelegraph
Bitcoin held above $80,000 after U.S. spot Bitcoin ETFs recorded more than $433 million in net inflows on Friday. Fidelity’s FBTC led with $310.72 million, while BlackRock’s IBIT added $108.44 million. Fund inflows also extended to Ethereum and other digital assets, with combined Bitcoin ETF net assets rising to $102.53 billion.
Bitcoin Price Tops $81K as Peter Brandt Flags Bear Trap
Key Insights: Bitcoin price held near $81,000 on Sept. 19 after gaining nearly 6% Friday. Veteran trader Peter Brandt described the latest structure as a potential “bear trap” followed by a springboard. The rebound also coincided with $433 million in U.S. spot Bitcoin ETF inflows. Technical analysts now watch the $82,000-$83,000 region as nearby resistance […]
Economy - The cryptocurrency market saw peak activity on the last day of the week. Following inflows of nearly half a billion dollars into US spot ETFs, Bitcoin surpassed $80,000, while selling pressure dominated major altcoins.
Bitcoin Holds Above $81,000, but Friday’s $433 Million ETF Inflow Barely Saved the Week
Bitcoin traded at $81,262.25 on Coinbase at 23:13 UTC Saturday, up $387.21, or 0.48%, from the current UTC-day open. The 24-hour range was $80,822.48 to $81,925. Kraken independently quoted $81,255.30 and a 0.47% gain from its rolling open. The calm weekend tape follows a much larger move. Coinbase’s Sept. 18 UTC candle rose 5.93%, from…
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