Bitcoin triggers $7B loss for ETF holders as price could drop to $65,000 while Strategy (MSTR) sits on billion dollar cushion
ETF outflows could pressure Bitcoin price toward $65,000 without renewed demand sources redistributing supply.
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ETF outflows could pressure Bitcoin price toward $65,000 without renewed demand sources redistributing supply.
Oluwapelumi Adejumo 6 min read
Bitcoin slides toward a 9 month low as massive ETF outflows and a hawkish Fed trap weekend dip buyers.
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Bitcoin is below its 2 year moving average again, and traders fear this signal could trigger a brutal capitulation.