Key Highlights Bitcoin fell 5.9% between Nov. 5 and Nov. 12 while the Nasdaq 100 gained 6.4%. Bitcoin order-book depth across major exchanges dropped to $72 million on Nov. 9, about 33% below normal levels. US spot Bitcoin ETFs recorded billions of dollars in net outflows during multiple consecutive trading sessions. Bitcoin Weakness Deepens as ...
Key Highlights: Bitcoin fell approximately 1.1% over 24 hours to $81,466.90, while Ether dropped 1.7% and the CoinDesk 20 Index lost roughly 1.6%, pressured by declining Asian equities and rising oil prices. QCP Capital analysts warned that sustained equity deleveraging could push Bitcoin below the critical $80,000 support level, with Nasdaq 100 and S&P 500 ...
Spot Bitcoin ETFs See Largest Outflows Since June as Senate Crypto Bill Stalls U.S.-listed spot Bitcoin exchange-traded funds recorded their most significant day of net outflows since late June on Tuesday, reversing the previous day’s inflows after a major cryptocurrency legislative effort stalled in the Senate. Net Outflows Top $450 Million The 13 U.S.-listed funds ...
The cryptocurrency market shed more than 2% of its total value on Sept. 15, dragging Bitcoin below the $76,000 threshold as traders braced for a widely expected Federal Reserve rate hike and a pivotal Senate procedural vote on the CLARITY Act. Broad-based sell-off hits digital assets Data showed the aggregate crypto market capitalization falling to ...