Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges
One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.
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Bitcoin held above the $60,000 key support level, while Ethereum’s ETH fell to near its weakest level against BTC since mid-September.
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Bitcoin Prices Show Positive 30-Day Correlation With China’s Central Bank Balance Sheet
“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.
First Mover Americas: Bitcoin Nears $66K After Monster ETF Day
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Bitcoin Holds Above $64K as China Stimulus Sends Conflux’s CFX, Dog Memes Running High
Bitcoin rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million,
First Mover Americas: Bitcoin Regains $64K as ETF Flow Trends Flip Positive
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First Mover Americas: BTC, ETH Rise in Muted Trading to Start the Week
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