Bitcoin ETFs Flows Could Propel BTC Prices to $112K This Year: CryptoQuant
Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.
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Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.
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The cryptocurrency’s volatility cuts both ways.
The price of bitcoin hit $40,000 on Sunday for the first time in 18 months, while ether rose past $2,200.
BTC prices have doubled this year amid a spot ETF push by prominent traditional finance firms.
A token meant for testing purposes wasn’t intended to be traded, yet some traders have pounced on the supposed opportunity.
Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.