Bitcoin ETFs Witness Third Highest Outflow Since Launch, the Other Two Times Foreshadowed Price Bottoms
Bitcoin’s price has now corrected approximately 6% since the all-time high break on Nov. 13.
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Bitcoin’s price has now corrected approximately 6% since the all-time high break on Nov. 13.
Shares in Trump media experienced a similar dynamic before the recent price slide.
“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast.
Michael Saylor says the US should and will build a reserve of bitcoin and explains why it is the greatest deal of the 21st century.
A December rate cut from the U.S. central bank might not be as sure of a thing as previously thought.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
An investment portfolio. (Shutterstock)
Bitcoin dominance continues its uptrend and hits new highs as ETF inflows soar.
A notable 65% of the survey respondents are bullish long-term, with 63% mulling more allocation to digital assets in the next three to six months.
Bitcoin is leading the broader crypto market higher, outperforming the CoinDesk 20 Index with its 6% advance over the past 24 hours.