Bitcoin Retreats Following $3 Billion ETF Inflow Rally
Bitcoin fell to $77,379 after a rally fueled by $3 billion in ETF inflows over nine days.
Bitcoin fell to $77,379 after a rally fueled by $3 billion in ETF inflows over nine days.
Solana attracted $60.91M in ETF inflows on Aug 27, third-largest. Past two larger days preceded 20%+ drops, but fundamentals have improved.
Ethereum gained 27% in a week amid ETF inflows exceeding $1.2 billion in August, with a medium-term target of $2,800.
Bitcoin ETFs attracted $2.56 billion in new investment over the past week, pushing BTC to $78,302. The rally follows a Treasury announcement boosting the…
Grayscale Research argues Zcash has a real shot at Bitcoin's market share, citing privacy, security work and intents, modeling ZEC at $8,109 on 10% share.
Bitcoin posted a record $14,775 weekly gain as ETF inflows surged and a short squeeze accelerated the rally.
Spot Bitcoin and Ethereum ETFs each recorded their ninth straight day of net inflows on Aug. 27, pulling in $242M and $235M respectively.
The crypto market fell 0.8% on Friday as it failed to break above the $2.72 trillion resistance level from May.