BlackRock's spot Bitcoin ETF experienced its largest single-day outflow ever, with hundreds of millions of dollars redeemed amid a sharp intraday Bitcoin sell-off. This triggered one of the heaviest combined exit days for U.S. Bitcoin ETFs since January 2024, reversing weeks of inflows and turning market sentiment bearish. The ETF flows have become the main driver of Bitcoin's short-term price movements, forcing discretionary buyers to navigate institutional liquidity. Meanwhile, the broader crypto market saw volatile moves driven by Solana ecosystem speculation, stablecoin regulatory developments, exchange security concerns, NFT revival attempts, and derivatives-driven altcoin squeezes, all amplified by viral social media posts. These dynamics highlight ongoing risks and speculative activity in the crypto space amid a mixed macroeconomic backdrop.
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Economist Peter Schiff predicts Bitcoin's price could fall to as low as $20,000, citing resistance near $65,000 and support around $58,000. He criticized Strategy (formerly MicroStrategy) for raising $450 million through stock issuance instead of usi...
Elon Musk's net worth fell below $1 trillion after SpaceX's stock plunged about 40% from its peak, dropping the company's valuation from $2.9 trillion to under $1.6 trillion. The stock, which surged to $225 after its IPO, has fallen below its initial...
Bitcoin fell below $65,000 following Iran's rejection of renewed peace talks with the US, intensifying geopolitical risks. Despite former President Trump's claim that Iran sought a deal, Iran's Foreign Ministry confirmed no plans for negotiations, pr...
