US-listed spot Bitcoin ETFs experienced a net outflow of $84.86 million on July 8, breaking a three-day streak of inflows. The outflows were mainly from Grayscale Bitcoin Trust (GBTC) and BlackRock’s iShares Bitcoin Trust (IBIT), signaling a short-term dip in institutional demand despite strong overall inflows since launch. Trading volume remained high, with IBIT leading at $1.18 billion, and total assets under management in these ETFs reached $75.34 billion, about 6% of Bitcoin's market cap. This suggests that while short-term positioning may be more selective, the sector's overall asset base remains historically strong.
Bitcoin faces pressure to fall below $60,000 as futures traders increase bets on a Federal Reserve rate hike in September, with odds now above 50%. This shift follows divided Fed officials on inflation and rate policy, revealed in recent FOMC minutes...
Bitcoin trades near $62,948 with a slight 0.19% gain, while Ethereum dips 0.16% to $1,752 amid steady equity indices, dollar, and Treasury yields. The crypto market stays in a narrow range as investors await clearer signals from upcoming Federal Rese...
Bitcoin developers have released Bitcoin Core version 31.1, addressing a critical privacy vulnerability that exposed node operators' IP addresses through the -privatebroadcast feature. The update also fixes a database engine flaw causing excessive di...
Bitcoin is trading just below the key resistance level of $62,700 and above support around $61,300–$61,900, indicating a consolidation phase after a sharp pullback from its all-time high. The market shows a balance between buyers and sellers, with a ...
Kaito (KAITO) topped Upbit's crypto 'fear and greed' index with a greed score of 77, showing strong trader interest despite its price closing flat at 988 KRW. The token saw high trading volume of about 51.56 billion KRW, indicating concentrated liqui...
