Tuesday, November 5, 2024
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Crypto Investors Sour on Bitcoin (BTC) Funds After Massive Inflows, Turn to Ether (ETH) and Ripple’s XRP: CoinShares

ETH-focused investment products enjoyed the largest inflows among all cryptocurrencies, totaling $6.6 million. The growth suggests that “sentiment, which has been poor this year, is beginning to turn around” for the second largest crypto asset, noted James Butterfill, head of research at CoinShares. Source

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BTC price abruptly dips below $30K as Bitcoin daily candle turns sour

Bitcoin (BTC) continued snap volatility after the July 6 Wall Street open as yearly highs gave way to a comedown.BTC/USD 1-hour chart. Source: TradingViewBitcoin suddenly falls to new July lowsData from Cointelegraph Markets Pro and TradingView followed BTC price action as it seesawed around the $30,000 mark.Bitcoin had surged to

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Crypto traders cautious on Bitcoin price as rally to $11.7K goes sour

After the price of Bitcoin (BTC) achieved $11,720 on Binance, traders began to turn slightly skeptical on the dominant cryptocurrency. Despite the initial breakout above two key resistance levels at $11,300 and $11,500, BTC recorded several rejections. While it might be premature to predict a marketwide correction, the level of

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