Bitcoin

The recent underwhelming performance of Bitcoin has not gone unnoticed by institutional investors, who are now showing signs of bearish sentiment. Data from CoinShares has revealed a significant outflow of $284 million from Bitcoin investment products last week. Most of these outflows came from US Spot Bitcoin ETFs, with $156 million exiting these funds. This
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Bitcoin (BTC) has recently seen a slowdown in its price movement, despite having recovered above $60,000. One of the main reasons for this tepid movement is believed to be the reduced demand for Spot Bitcoin ETFs. The Spot Bitcoin ETFs experienced a surge in net inflows in the first three months of their launch, which
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The crypto analyst, DonAlt, has recently put forward a scenario where the price of Bitcoin could potentially drop to the mid-$40,000 range. This prediction is based on the current market conditions and the possibility that a price breakdown might be necessary for the continuation of Bitcoin’s bull run. DonAlt suggests that a price breakout below
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The Bitcoin network has experienced a significant increase in trading activity following the recent halving event. While the halving did garner attention for the cryptocurrency, the surge in trading can be attributed to other factors as well. Data from on-chain analytics platform IntoTheBlock reveals a rapid growth in daily BTC transactions, reaching a new peak
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