2024-10-14 13:50 |
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The high tide of liquidity that has recently supported Bitcoin prices appears to be receding rapidly. The market is now grappling with significant net outflows, as data confirms that investment flows have turned decisively negative.
Bitcoin slides on BOJ hawkish shift while Digitap presale climbs with payment utility and deflationary tokenomics positioning TAP as a standout December play.
Bitcoin trades near $92K amid mixed signals from ETFs and tech markets. Hoskinson and Saylor predict a strong BTC rebound despite recent losses. ETF outflows and macro risks could, however, push BTC toward $85K support.
They appeared soon after the Virtual Assets Service Providers Act of 2025 took effect. CoinATMradar currently lists two Bitcoin ATMs in Kenya. The Central Bank of Kenya and the Capital Markets Authority say no VASP is licensed yet.
Bitcoin Cash price is under selling pressure, testing support near $470. 8 and $460. 3. Bitcoin pullback and market fear amplify downside risks for the BCH price. Key resistance sits at $528. 85, with potential upside if support holds.
Bitcoin price remains range-bound amid long-term holder selling and falling demand. US Bitcoin ETFs inflows signal cautious institutional optimism. Macro uncertainty from the Fed and government shutdown keeps BTC under pressure.
US Bitcoin ETFs saw nearly $300 million in net inflows on Tuesday. The inflows snapped a two-week streak of redemptions from the products. Fidelity’s FBTC led the way with $165. 9 million, followed by Ark’s ARKB.