Crypto Market Chaos: $93M Liquidated in 4 Hours as Bitcoin Crashes Below $54K

Bitcoin’s price took a dip below the $54,000 mark on Friday, as the cryptocurrency continued its downward trend over the past week. The value slipped by 3.5% compared to the previous day, reaching a low of $53,810, a level not seen since early August. Bitcoin Reaches a 30-Day Low Over the past 24 hours, bitcoin … Read more

Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows

Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much smaller decline of $152,720. $211 Million Exits Bitcoin ETFs, Ethereum Funds Slip by $152K On Sept. 5, bitcoin and ethereum ETFs both took hits, with bitcoin ETFs leading the way in outflows. According to data … Read more

Bitcoin Faces Downward Pressure As Short-Term Holders Remain Underwater

The Bitcoin market has continued to face downward pressure over the past few months, despite the fact that the average Bitcoin investor is still in profit. However, short-term holders remain significantly underwater on their investments, posing a potential risk to the market in the near term. The #Bitcoin market continues to experience downwards pressure over … Read more