Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $ 60,000 mark for a record-setting 107 days so far. Bitcoin’s Resilient Streak: Maintaining Highs …
Spot Bitcoin ETFs Record 5 Consecutive Day of Outflows; Analyst Declares Cool-Off ‘Totally Normal’
U.S. spot bitcoin exchange-traded funds (ETFs) have seen outflows for the fifth consecutive day since April 12, with a reduction totaling $ 4.3 million during Wednesday’s trading sessions. ETF Analyst’s Perspective: Recent Bitcoin ETF Outflows Within Expected Norms The newly launched spot bitcoin ETFs have been active on the stock market for 99 days, …