In March, nearly all Bitcoin exchange-traded funds (ETFs) in the United States faced significant losses, with outflows totaling over $1.6 billion. BlackRock’s iShares Bitcoin Trust ETF was hit hardest, losing $552 million in a month with minimal inflows. Other funds like Fidelity’s Wise Origin and Grayscale’s Bitcoin Trust also saw sharp declines. Only Grayscale’s Bitcoin ...
Bitcoin’s price is currently around $82,000 after experiencing a nearly 15% drop last week. Similarly, Ethereum has fallen below the support level of $2,125, and Ripple (XRP) is trading at $2.17 after a significant 27% decline. Both Ethereum and Ripple show signs of further corrections as their momentum indicators remain weak. Bitcoin closed below its ...
Crypto analyst Burak Kesmeci has made an optimistic prediction about Bitcoin, suggesting the cryptocurrency could be on an upward trend. Currently, Bitcoin is trading around $104,000, demonstrating stability after a recent price recovery. Kesmeci highlights the Bitcoin NVT Golden Cross metric, indicating a solid potential for price increases as it approaches a local bottom. Historically, ...
Bitcoin saw a 9.22% increase this week but dropped 0.47% in the last 24 hours, trading at $103,905. The drop follows a significant rise, prompting short-term investors to take profits, contributing to the current pullback. Other cryptocurrencies like Ethereum and Ripple also faced declines, while Solana benefited from the launch of a new meme coin. ...
