Bitcoin faces pressure after U.S. spot Bitcoin ETFs recorded $2.8 billion in outflows over nine days in May, pushing BTC to its lowest price since late February at around $64,721. This dip has traders reassessing if it's a temporary reset or a structural shift. The market's next moves depend on whether spot demand, derivatives positioning, and macro liquidity can offset ETF redemptions. Key indicators to watch include ETF flow stabilization, derivatives de-leveraging, and liquidity quality. Rotation of capital within crypto, such as into ETH or other altcoins, may lessen Bitcoin's downside, but outflows from the entire crypto asset class could deepen pressure until new buyers emerge.
Mohawk Industries reported a net profit of $196 million and earnings per share of $3.22 for Q2 2026, surpassing expectations due to higher volumes, favorable pricing, and an improved product mix. Net sales rose 6.8% to $3 billion compared to the prev...
Mohawk Industries announced a net profit of $196 million and earnings per share (EPS) of $3.22 for Q2 2026, showing significant growth from the previous year. Revenue rose 8% to $3.0 billion, driven by volume growth, pricing strategies, and product m...
Mohawk Industries reported a net income of $196 million and earnings per share (EPS) of $3.22 for Q2 2026, surpassing market expectations. Sales increased 6.8% to $3 billion, driven by higher volumes, pricing, and product range expansion despite a we...
Bitcoin price struggled to hold above $63,000 on August 1, retreating from a July high near $66,900. US spot Bitcoin ETFs saw $265 million in net outflows on July 31, signaling fragile institutional demand. Technical indicators like the MACD and Chai...
The XRP Ledger is set to release version 3.3.0 of its node software, xrpld, next week. This update will reintroduce five features that were previously removed due to critical bugs, improving functionality for validators and developers. The release af...
