Browsing: Bitcoin ETF outflows

Bitcoin price analysis reveals a recent bounce off the $85,000 mark, which places the cryptocurrency in a pivotal decision zone between $87,000 and $89,600.This narrow movement illustrates Bitcoin’s interaction with critical liquidity levels, with identified resistance around $92,800 to $93,400 and support structures leading down to $79,000.

Bitcoin ETFs have recently experienced one of their worst weeks, suffering extraordinary outflows amounting to $1.2 billion.This dramatic shift in the market comes as investors flee due to a significant Bitcoin price decline, which has plummeted almost 33% since its peak earlier this October.

Bitcoin ETF outflows Bitcoin is currently trading at $100,758.70, reflecting a decline of 0.8% as $1.2 billion in weekly ETF outflows exert downward pressure on the cryptocurrency. This situation has caused Bitcoin’s price to dip… (via Bpaynews real-time desk)

Bitcoin ETF outflows Bitcoin exchange-traded fund outflows have reached $1.2 billion, even as Wall Street increases its investments in cryptocurrency. This significant outflow highlights the ongoing volatility and uncertainty in the crypto market. Despite this… (via Bpaynews real-time desk)