2021-5-28 19:10 |
Bitcoin price in Telegram @btc_price_every_hour
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US spot Bitcoin exchange-traded funds extended their recent inflow streak to a third consecutive session, with this week’s gains nearly offsetting last week’s losses, even as Bitcoin prices remained under pressure and investor sentiment stayed cautious.
A White House-brokered meeting between banks and crypto firms aimed at resolving stablecoin provisions in a broader market structure bill ended without agreement, though participants described the session as productive.
A Brooklyn judge described the SafeMoon scheme as closer to theft than traditional securities fraud.
Bitcoin price has dropped for four consecutive weeks and is hovering near its lowest level this year. It was trading at $68,245 on Wednesday, down substantially from its all-time high of $126,300 as demand waned.
US spot Bitcoin exchange-traded funds extended a tentative recovery last week and into early this week, as fresh inflows offered early signs that institutional demand may be stabilising after a prolonged period of heavy selling.
A failed rebound near $71K flipped sentiment back to defense.
The cryptocurrency market has endured a white-knuckle ride in early 2026, punctuated by a rather dramatic correction that saw Bitcoin plunge to a staggering low of about $60,000 on February 5th. This “flash crash” was triggered by a perfect storm of collapsing leverage, a temporary cooling of the AI-crypto narrative, and fears of a hawkish […]