The bitcoin price surged back above $70,000 yesterday, bouncing back from a significant drawdown earlier this month, as cooler-than-expected U.S. inflation data reignited risk appetite across markets. The rebound follows a harsh period marked by billions in realized losses and ongoing indications of investor unease. At the time of reporting, Bitcoin was priced at approximately … Read more
Recent data indicates that Bitcoin spot exchange-traded funds have experienced negative monthly average netflows for the majority of the past 90 days. On-chain analytics firm has pointed out in a recent post on X that the 30-day simple moving average netflows for both Bitcoin and Ethereum spot ETFs remain in the negative territory. Spot ETFs … Read more
Bitcoin remained just under the $91,000 mark, retracing some of its recent gains following a remarkable beginning to the year that momentarily drove prices to new seven-day peaks. Bitcoin’s price is currently hovering around $90,815, reflecting a decline of approximately 1% in the last 24 hours, as per market data. Daily trading volume hovered around … Read more