Bitcoin’s negative price trajectory, which commenced following the rejection at $85,000 on Wednesday, persists, as the asset has declined to $80,400 earlier this morning. This downturn may be influenced by recent comments from Trump regarding the conflict with Iran. Most altcoins have mirrored this trend, with ETH declining further beneath $2,400, and XRP appearing to … Read more
In a week characterised by a decline in the underlying asset from over $84,000 to a monthly low of under $80,000, it is almost anticipated that the exchange-traded funds reflecting its performance would register losses. Indeed, they were. The same can be observed regarding the Ethereum ETFs, which, despite experiencing a solitary day of positive … Read more
Bitcoin exhibits a degree of resilience in the face of weakness in technology stocks, whereas Ethereum is drawing significant institutional investment, evidenced by robust inflows into ETFs. Bitcoin experienced a temporary decline to $76,700 following the release of the most recent inflation data, subsequently rebounding to approximately $78,000. QCP Capital notes that this “contained” reaction … Read more
