Recent market data highlights that spot bitcoin exchange-traded funds (ETFs) in the United States experienced a net outflow of $ 223.8 million on April 8, while Grayscale’s Bitcoin Trust (GBTC) saw a substantial outflow of $ 303 million. GBTC Continues to Face Steep Outflows As of yesterday, GBTC possessed 325,686.78 BTC, but as …
Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks
Although spot bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing significant losses when the market closed on Friday. For instance, Marathon Digital Holdings’ shares plummeted by over 15%, while Coinbase Global’s stock registered a loss of more than 7% during trading […]
Biggest Movers: SHIB, DOGE Snap Recent Losing Streaks
Shiba inu snapped a recent four-day losing streak on Thursday, as bulls rejected a breakout below a key level of support. The slight rebound in price came as the global crypto market cap was marginally higher, climbing 0.25% as of writing. Dogecoin was also in the green. Shiba Inu (SHIB) Shiba inu (SHIB) ended a […]