Bitcoin Dumps to 17-Day Low, But Key Metric Flashes Rebound Signal

Bitcoin’s latest rejection at the $87,000 range wasn’t just a small deviation from the asset’s path forward, as it slumped by several grand to a multi-week low of just over $82,000. While the macro landscape remains gloomy, a popular technical tool has flashed a rebound signal. Why Did BTC Drop? Recall that the cryptocurrency challenged […]

NEAR enters crypto’s top 20 after 140% surge in 30 days

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US Bitcoin ETFs Experience $487M Net Outflows Led

According to a recent tweet by @WuBlockchain, U.S. spot Bitcoin ETFs experienced substantial net outflows totaling $487 million on October 7. This decline was primarily driven by withdrawals from BlackRock’s IBIT fund, which accounted for $208 million. The significant outflows signal a shift in investor sentiment, raising questions about the current market dynamics surrounding Bitcoin […]