Bitcoin's recent rally above $80,000 is losing steam amid significant outflows from U.S. spot Bitcoin ETFs, with $635 million withdrawn in a single day—the largest since January. Over five trading sessions, investors pulled about $1.26 billion from these ETFs, reducing total inflows since January 2024. This decline coincides with Bitcoin's difficulty surpassing the $82,000 resistance level and a 2% price drop amid rising U.S. inflation fears. While traditional markets remain strong, analysts warn that ETF outflows and macroeconomic pressures could dampen Bitcoin's outlook despite a weakening correlation between ETF flows and price movements.
Investors withdrew $635 million from U.S. spot bitcoin ETFs in one day, marking the largest outflow since late January and contributing to a total $1.26 billion outflow over five days. This coincides with bitcoin's price falling below its 200-day mov...
Sahara AI (SAHARA) maintained heavy trading volume on Korea's Upbit exchange, trading around 65.9 won with a 24-hour turnover of about 68.9 billion won. The token entered the 'extreme greed' zone on sentiment indicators, reflecting strong buying mome...
Michael Terpin, CEO of Transform Ventures and a noted Bitcoin advocate, predicts Bitcoin will face a short-term decline to between $48,000 and $60,000 by October 2026, citing market cycles tied to U.S. elections and institutional selling pressures. D...
Solana (SOL) dropped 5.6% to around $90, leading a broad sell-off in the cryptocurrency market triggered by rising U.S. inflation and geopolitical tensions between the U.S. and China. Bitcoin fell below the key $80,000 support level, trading near $79...
Bitcoin fell below $80,000 to around $79,200 amid renewed geopolitical tensions after Chinese President Xi Jinping warned of potential conflict over Taiwan during U.S. President Trump's visit to China. Major cryptocurrencies, led by Solana's 5.6% dro...
