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JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The…
As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in…
Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus…
Bitcoin's recent price trends are influenced by the selling activities of long-term holders, whales, and miners in the market. The post Bitcoin price pressured by whales, long-term holders, and miners:…
Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year.…
While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto…
As of June 17, 2024, Bitcoin is trading at $65,805, with a 24-hour intraday range between $65,518 and $66,992. The cryptocurrency market is displaying notable volatility, as evidenced by significant…
Investors withdraw $600M from digital assets after a hawkish FOMC meeting, with Bitcoin seeing the largest outflow and altcoins gaining. The post Investors pull $600 million from crypto products following…
BlackRock CIO sheds light on the cautious Bitcoin ETF adoption by financial advisors amid market volatility and risk considerations. The post Financial advisors still figuring out Bitcoin spot ETFs, says…
Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000. This plunge in the digital asset’s value could be linked to increased selling…