Bitcoin (BTC) institutional investment vehicles have shed 10% of their BTC holdings since May as analysis warns of a “breaking” sector.Key points:Fund exposure drops as Bitcoin treasury companies face squeeze Data from onchain analytics platform CryptoQuant shows that combined institutional BTC exp…
US spot Bitcoin exchange-traded funds (ETFs) posted their strongest daily inflows in more than three weeks on Thursday, attracting $233.1 million.BlackRock’s iShares Bitcoin Trust (IBIT) led the gains with $183.4 million in net inflows, accounting for 78.7% of the day’s total, according to SoSoValu…
US-listed spot Bitcoin exchange-traded funds (ETFs) ended a four-session outflow streak on Wednesday, recording $32.1 million in net inflows.After posting more than $500 million in combined outflows over four straight trading sessions, spot Bitcoin ETFs returned to positive territory despite Bitcoi…
Bitcoin (BTC) sought to build on local highs at Monday’s Wall Street open as US stocks opened in the green.Key points:Bitcoin follows stocks higher as Iran news offers risk-asset tailwindData from TradingView showed BITSTAMP:BTCUSD spiking to near $66,000 as markets reacted to a pause in strikes be…
Bitcoin (BTC) held higher on Wednesday as crypto and risk assets continued to brush off US-Iran war tensions.Key points:Bitcoin, stocks digest Trump pledge to “destroy” Iran power plantsData from TradingView showed BITSTAMP:BTCUSD down 1% on the day, having earlier hit five-week highs near $67,000…
Bitcoin (BTC) dipped below $62,500 at Friday’s Wall Street open as stocks took a fresh hit from the US-Iran war.Key points:BTC price action stays “very choppy”Data from TradingView showed BITSTAMP:BTCUSD extending losses with up to 2% daily downside.BITSTAMP:BTCUSD one-hour chart. Source: Cointeleg…
1130 ET - Bitcoin prices fell below $60,000 in June, making it the first time since 2024 that they were that low. A souring macroeconomic picture and aggressive ETF outflows were pegged as the reason for the slide, with these factors still in play this month. However, says analysts with 21shares, l…
Bitcoin (BTC) circled $63,000 after Tuesday’s Wall Street open as chip companies led a dip in US stocks.Key points:BTC price comes off two-week highs as US stocks fallData from TradingView showed BTC price action cooling after a trip to $64,660 — its highest point since June 22.BITSTAMP:BTCUSD one…
The market capitalization for stablecoins fell 2.4% to $312 billion in June, according to analysts from CoinDesk. That's a $7.7 billion decline for the month, and makes it the largest drop the stablecoin market has seen since May 2022--when the TerraUSD stablecoin lost its $1 peg and collapsed, wit…
Bitcoin's recent rebound could prove limited and temporary, ING technical analyst Roelof-Jan van den Akker says in a note. The cryptocurrency rose to a two-week high of $64,539 overnight, rebounding from the 21-month month low of $57,775 reached July 1, according to LSEG. It last trades down 0.8% a…
Bitcoin (BTC) saw flash volatility into Monday’s Wall Street open as markets reacted to tech company Strategy’s new BTC sales.Key points:Bitcoin erases holiday gains on Strategy saleData from TradingView showed BITSTAMP:BTCUSD dropping to near $61,000, sparking daily losses of more than 4%.BITSTAMP…
Bitcoin ETFs entered the holiday weekend on a positive note, according to data from CoinGlass. They posted a net inflow of $223.5 million on July 2, the first such inflow for these ETFs since June 12. Bitcoin had a mostly-positive holiday weekend, rising to as high as nearly $64,000, according to C…
Bitcoin (BTC) starts the second week of June near two-week highs with traders keen to see bullish continuation.Key points:Bitcoin key support emerges as bulls eye $64,000Bitcoin kept up pressure on short positions into the weekly close, hitting $63,960 — its highest levels since June 23, per data f…
Bitcoin (BTC) saw new July highs on Friday as bulls kept pushing over the US holiday period.Key points:Bitcoin buyers "chasing" as BTC price eyes key trend lineData from TradingView showed BITSTAMP:BTCUSD reaching $62,295 on Bitstamp, its highest since June 24.BITSTAMP:BTCUSD four-hour chart. Sourc…
