Massive ETF Outflows Spark Bitcoin Price Drop Bitcoin’s price has come under pressure this week as investors pulled over $1.2 billion from spot Bitcoin exchange-traded funds (ETFs). The heavy outflows have sparked renewed volatility in the crypto market, pushing BTC down toward the $107,000 mark. Market analysts believe these redemptions reflect short-term profit-taking and portfolio…
Bitcoin (BTC) slipped below the $108,000 level on Tuesday as traders reacted to renewed global uncertainty, particularly the ongoing trade tensions between the United States and China. According to The Block’s crypto price tracker, Bitcoin dropped 2.6% in the past 24 hours to $107,854 as of early Tuesday. The world’s leading cryptocurrency had briefly bounced…
After a strong rally earlier this year, Bitcoin’s price has started to show signs of exhaustion. The world’s largest cryptocurrency, which recently reached record highs, is now facing heavy selling pressure as investors turn cautious amid global market volatility. Australians Can Now Use Bitcoin to Secure Home Loans, Ushering in a New Age in Finance…
Bitcoin’s price has entered a correction phase after falling nearly 14% from its yearly peak. The decline could deepen as a bearish chart pattern takes shape and exchange-traded fund (ETF) outflows continue to weigh on market sentiment. Bitcoin ETF Outflows Surge as Price Correction Deepens Key Points Bitcoin Extends Losses After Sharp Correction Bitcoin’s price…