Bitcoin price drop
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Bitcoin ETFs Bleed $361 Million in 3 Days—Is Crypto Crashing?
- October 4, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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Spot Bitcoin exchange-traded funds (ETFs) in the U.S. experienced significant net outflows for the third consecutive day on October 3, 2024. According to data from SoSoValue, a total of $361.2 million has been withdrawn from Bitcoin ETFs since October 1, with investors pulling $54.2 million out on the third day alone. This marks a sharp
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Bitcoin Nosedives to $58K: Are Massive ETF Outflows the Culprit?
- August 28, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
The cryptocurrency market is currently experiencing significant turbulence, with Bitcoin and other major digital assets facing sharp declines. This downturn seems to be the result of several converging factors, each contributing to a broader ripple effect across the market. Market Overview Bitcoin has plunged below the critical $60,000 mark, settling around the $58,000 to $59,000
