US Bitcoin ETFs lose $1.14B in two weeks amid US-China trade tensions
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2025-02-24 08:57:32
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2025-02-24 08:57:32
Bitcoin (BTC/USD) is holding above $95k but facing significant resistance. While spot Bitcoin ETFs have attracted substantial investments, there have been recent net outflows, and on-chain data suggests a cooling down in speculative appetite. Strategy’s potential Bitcoin purchase, following a $2 billion fundraising, could be a catalyst for a future bull run. Most Read: Brent…
Arthur Hayes warned about a potential decline to $70,000 for Bitcoin as large-scale ETF outflows could accelerate the downtrend. [og_img] 2025-02-25 10:28:09
Jonathan Raa | Nurphoto | Getty Images Bitcoin fell on Monday as volatility in the price of the world’s largest cryptocurrency continues following an executive order signed by President Donald Trump to create a strategic bitcoin reserve for the United States. Bitcoin was trading at $81,712, down over 5% but off earlier lows, at 9:42…
Strategy co-founder Michael Saylor has suggested that the U.S. could purchase 20% of the Bitcoin supply “for free,” and that owning 4 to 6 million BTC would “pay off the entire national debt.” Appearing at the annual CPAC conference, Saylor spoke in favor of a strategic Bitcoin reserve, arguing that “the dollar would strengthen” if…
Bitcoin (BTC) has recently experienced a sharp price drop, falling below the crucial $80,000 level and reaching a low of $78,390 on Binance. Despite this setback, crypto analysts believe BTC may be gearing up for a significant move, citing a technical pattern known as the ‘megaphone pattern’ or broadening wedge. Crypto trader Merlijn The Trader…
Microstrategy, now rebranded as Strategy, is raising $2 billion to fuel its next major bitcoin acquisition, doubling down on its position as the largest corporate holder of BTC. https://static.news.bitcoin.com/wp-content/uploads/2025/02/strategy-bitcoin-buy-2b.jpg 2025-02-20 16:35:54