Bitcoin Falls Below $76K as Bitcoin and Ether ETFs Lose $530M
Bitcoin price fell below $76,000 on Thursday as US spot Bitcoin and Ether exchange traded funds (ETFs) recorded approximately $530 million in combined net outflows, reversing the previous session’s positive flows. Spot Bitcoin ETFs accounted for roughly $430 million in withdrawals, while Ether funds lost approximately…
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinExchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundFrom the blog
XRP Surges Past Bitcoin in South Korean Trading Volumes
XRP has surpassed Bitcoin to secure the top spot in 24-hour trading volume on South Korea's premier exchange, Upbit, amassing…
Elara Winter2 min read
Financial Expert Predicts Massive Wealth for XRP Investors
Cryptocurrency advocate Klaybrowning predicts that XRP could surge to $254 per token by mirroring its historic 2017 bull market performance,…
Elara Winter3 min read
Analyst Points to Technical Chart Signaling XRP Growth Potential
Crypto analyst Dark Defender highlights a vital technical trigger at $1.56 for XRP, suggesting the digital asset could soon enter…
Elara Winter3 min read