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shows that Bitcoin ETFs in the U.S. have experienced their largest sell-off since launching, with over $1.14 billion withdrawn in just two weeks.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 ...
Short-term Bitcoin holders faced significant losses as prices dropped by nearly 5%, prompting a wave of selling. Over 21,000 BTC, worth around $2.2 billion, was sent to exchanges, indicating a potential sell-off by traders who bought during price highs earlier this year. This selling trend contributed to a steep drop in open futures bets on ...
Bitcoin’s price recently fell below $96,000 after a significant amount, around $3.2 billion worth of BTC, was transferred to exchanges, indicating possible sell-offs that could impact prices further. Despite this drop, many analysts remain optimistic about a potential recovery, with predictions suggesting Bitcoin could reach $110,000 by the end of this year and possibly over ...
