Bitcoin steadies at $76,900 as ETFs lose $399 million and Binance outflows hit $4.7 billion
· etf · Sentiment: neutral
Bitcoin experiences substantial outflows from ETFs, with reports indicating losses exceeding $399 million and potentially over $1 billion following a Binance hack. Binance also sees outflows reaching $4.7 billion. Despite these developments, Bitcoin steadies at $76,900. The consensus points to market pressure from institutional and exchange-related withdrawals. This implies potential short-term volatility or caution among Bitcoin holders and investors.
Sources
- https://news.google.com/rss/articles/CBMickFVX3lxTFBpODFuVGdaLXQtbk1xYjhsajFCaWJ1cEtJUS1DLVJBdnZtYnZadG5pVzc1dzBlWFQ0cVNhWUF0RzByOERfNXJSa1l2M0ZVeUlxNHRCc2JfUzhBSVJ5aHlVWUV1V190WnFTVGhETnBnVElYdw?oc=5
- https://news.google.com/rss/articles/CBMi0wFBVV95cUxNLXI5UGNpbURfSFpPbDYtTDN4UGU2R3BkbU00V2huUEJPdjhwWTY4Y3FOaW5HMmpMa1ZnakR2N05WcUR2YjVobi0tVkdwZU9qVHNZaTlFTXdZVWVHamYyblkxdjZtRDVxZElZcGhBWVBDSkNhTm4yOEhsSTY5T2dlV0hOT1REYkhrV0pKMzVWaGVacHVsRkt5eUhnbnVBRzdWbmkyTEFLZmJfbDg2aGZreHB2OWExZkpycmwyWVBKNjI2V2FFQU5GLVNNc1M1ZUIwQzBB?oc=5