Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in […]
Category: Market Wrap
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U.S.-listed spot bitcoin ETFs saw over $830 million of outflows so far this week, and are poised for the first […]
Bitcoin needs to reclaim the $69,000 level to reignite its uptrend, one trader noted.
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market risk of a […]
Momentum behind bitcoin’s rally has waned so expect a period of consolidation, Matrixport analysts noted.
Bitcoin’s price targets $70,000 in the short term and could reach a new all-time high as soon as this week, […]
The cryptocurrency has more room to run, analysts say.
Spot bitcoin ETFs attracted Thursday their third-largest net inflows since debut, increasing their holdings by 9,260 BTC.
The broader altcoin market also showed signs of rebounding from oversold levels, one analyst noted.
BTC broke above $44,000 for the first time since Jan. 12, the day after the spot ETF debuts.