Bitcoin ETFs in the U.S. Faced Significant Outflows Recently
This past Monday, Bitcoin ETFs listed in the U.S. recorded their second-largest outflows of the year as the cryptocurrency dipped below $90,000.

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This past Monday, Bitcoin ETFs listed in the U.S. recorded their second-largest outflows of the year as the cryptocurrency dipped below $90,000.
A significant market downturn has led to massive liquidations in the crypto market, impacting major cryptocurrencies like Bitcoin, Ethereum, and XRP.
Bitcoin faces pressure as it sinks to levels unseen in three months, influenced by Nasdaq trends and a strengthening Japanese yen.
As Bitcoin's price falls, futures activity indicates a surge in short positions, suggesting potential further declines.
Major cryptocurrencies see sharp declines with Solana suffering the most, while traders express mixed sentiments about the potential for market recovery.
Bitcoin's value continues to fall, influenced by a bearish trend in the cryptocurrency sector and struggles in U.S. stocks amid growing macroeconomic concerns.

The EDX Markets exchange is increasing its range of cryptocurrencies, signaling a more accommodating regulatory environment in the U.S.
Bybit successfully reinstates a 1:1 backing of client assets after facing a significant $1.4 billion hack.
The increase in ETH value comes after Bybit reportedly allocates a significant amount for buying the cryptocurrency.
The decision by the SEC to conclude its investigation is encouraging for the NFT marketplace and the broader cryptocurrency sector.
Bitget steps in with significant assistance to Bybit following a recent hacking incident that led to a loss exceeding $1.4 billion.
The cryptocurrency market saw significant downturns as Bybit reported a major outflow, impacting Bitcoin and Ether prices.

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