Bitcoin experienced a typical Wall Street sell-off on March 12, despite some optimism around a slowdown in US inflation. After reaching a three-day high of $84,437, BTC/USD fell to $82,400, prompted by renewed selling pressure as trading began. The US Consumer Price Index showed inflation dropping to 2.8%, which was lower than expected, but this ...
Bitcoin exchange-traded funds experienced substantial outflows of nearly $370 million on March 7, following former President Trump’s announcement of a US strategic Bitcoin reserve. The news failed to meet investor expectations, especially since it did not include direct government purchases of Bitcoin. This disappointed many traders, resulting in a drop of over 2% in Bitcoin’s ...
Bitcoin has surged back above $92,000, reigniting interest in the cryptocurrency Market. This resurgence follows Donald Trump’s announcement of a U.S. multi-coin crypto reserve, boosting investor confidence in digital assets. Crypto stocks have also rallied, with companies like MicroStrategy and Coinbase seeing significant gains. Institutional investors are seizing the moment, with Metaplanet purchasing an additional ...
Bitcoin has surged past $92,000, reviving interest in crypto stocks and ETFs as investors respond to Donald Trump’s announcement of a U.S. strategic multi-coin reserve. This positive shift has encouraged traders, with stocks like MicroStrategy and Coinbase seeing notable gains. Institutions like Metaplanet are also making significant investments, further boosting Market confidence. Meanwhile, Bitcoin ETFs ...
In a notable turnaround, U.S. spot Bitcoin exchange-traded funds (ETFs) saw a substantial inflow of $94.3 million on February 28, ending an eight-day period of outflows. The ARK 21Shares Bitcoin ETF and Fidelity Wise Origin Bitcoin Fund led the charge, attracting $193.7 million and $176 million, respectively. However, these gains were modest compared to the ...
Bitcoin’s price has dipped below $80,000, marking a 25% drop from its all-time high just a month ago. While it slightly rebounded to about $82,000, investor sentiment remains low, particularly after recent events, including a major cryptocurrency theft from the Bybit exchange and a scandal involving Argentina’s President. Experts warn that Bitcoin could drop further ...
Bitcoin’s price fell back to $85,000 as the U.S. Market opened on February 27, responding to news of new trade tariffs announced by President Trump. After reaching $87,000 earlier in the day, Bitcoin experienced a decline, particularly after hitting a 15-week low of around $82,000. The S&P 500 and Nasdaq also opened lower, while the ...
Bitcoin ETFs have experienced their worst two-week sell-off since launch, with $1.14 billion pulled out by February 21, largely due to rising trade tensions between the U.S. and China. Investors are anxious about new import tariffs and the lack of resolutions. Despite this short-term dip, experts suggest that Bitcoin ETFs are still strong long-term investments, ...
Recent data shows that Bitcoin ETFs in the U.S. have experienced their largest sell-off since launching, with over $1.14 billion withdrawn in just two weeks. This decline is largely due to rising trade tensions between the U.S. and China, sparked by new import tariffs. Despite this short-term downturn, experts suggest that Bitcoin ETFs are typically ...
US-based spot Bitcoin exchange-traded funds (ETFs) have experienced their largest two-week outflow ever, exceeding $1.14 billion, driven by negative investor sentiment amid ongoing trade tensions between the US and China. This significant sell-off marks the highest withdrawals since the ETFs began trading on January 11, 2024, surpassing previous outflows recorded in June 2024. While these ...
