Bitcoin ETF outflows are diminishing, according to a recent tweet from Galaxy Research. This is substantiated by Galaxy Research’s US spot ETF net flows (30-day rolling) and cumulative total indicator, which experienced a reversal after a significant decline into negative territory. The receding of Bitcoin ETF outflows is also substantiated by the ‘Bitcoin ETF flows … Read more
The last month has been challenging for bitcoin BTC $66,566.18 traders, with prices fluctuating in response to President Donald Trump’s indecisive remarks regarding Iran. One day he advocates for peace, causing bitcoin and risk assets to surge while oil prices decline; the following day, he adopts a hawkish stance, leading to a drop in bitcoin … Read more
On Yesterday, Bitcoin’s price dipped below $66,500, marking its lowest point in over two weeks. This decline was driven by a surge in long liquidations coupled with increasing macroeconomic pressures impacting the crypto market. According to data, nearly $300 million in long positions were liquidated over the past 24 hours, while short liquidations amounted to … Read more
