Bitcoin ETFs rebound, analyst sees institutional interest breaking September’s bearish trend

2024-9-15 16:29

Spot Bitcoin ETFs, or exchange-traded funds, broke out of a two-week outflow streak with over $403.8 million in weekly inflows. Analysts expect the uptick in institutional interest this year to help Bitcoin defy the bearish September narrative. According to SoSoValue,… origin »

Bitcoin (BTC) на Currencies.ru

$ 88098.41 (-0.19%)
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Изменеия 24h: 3.08 %, 7d: -2.42 %
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Bitcoin Holders Expect Retrace, Will BTC Move Against Crowd Once Again?

Data shows bearish sentiment has spiked among Bitcoin holders, something that could actually work in the favor of the asset’s price. Social Media Users Have Turned Bearish On Bitcoin As explained by the analytics firm Santiment, traders have come into the new week expecting the price of the cryptocurrency to retrace towards the $27,000 to $29,000 range.

2023-6-27 17:30