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Bitcoin ETF Outflows Surge to $2.35B Amid BlackRock Sell-Off

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  Explore the provided link to ensure a steady profit in Binance futures trading: https://telegram.me/binancefuturesignal US spot Bitcoin ETFs recorded $185.4 million in net outflows Friday, with BlackRock’s IBIT accounting for $143.5 million and Fidelity’s FBTC shedding $41.9 million. US spot Bitcoin exchange-traded funds (ETFs) recorded $2.35 billion in net outflows over two consecutive weeks, as redemptions reached more than $1 billion each week. According to Farside Investors data, spot Bitcoin ETFs shed $1.07 billion between from Monday to Friday, following $1.28 billion in outflows the previous week, the largest weekly redemptions since late June. The funds recorded $185.4 million in net outflows on Friday, down from $284.1 million on Thursday and $299.8 million on Wednesday. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for $143.5 million of Friday’s withdrawals, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) shed $41.9 million. Friday marked the ...
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Waller Speech Sparks Rate-Hike Fears as Bitcoin Eyes $74K

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  Explore the provided link to achieve a steady profit in Binance futures trading: https://telegram.me/btctradingclub Bitcoin price action and stock futures trended lower after Fed governor Christopher Waller said that he would vote to raise interest rates by 0.25% at the December FOMC meeting. Bitcoin (BTC) fell toward $74,000, and US stock futures dropped on Tuesday as a senior Federal Reserve official voiced support for hiking interest rates. Bitcoin traded 1.3% lower on Tuesday, reaching $74,080 as Nasdaq futures fell 0.4% ahead of the Wall Street open. October US CPI data, due for release at 8.30am on Tuesday, is expected to show a monthly increase of 0.3%, less than September’s 0.6% gain. Federal Reserve governor Christopher Waller said that he would “support” a 0.25% interest-rate hike at the Dec. 9 FOMC meeting regardless of Tuesday’s CPI reading. Waller would “still support” December rate hike after lower CPI These are good profit and we co...
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BTC Loses $8K in a Week as Three Major Risks Emerge

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  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/cryptosignalalert Download our free app and receive signals on your mobile – https://play.google.com/store/apps/details?id=com.freecryptosignals.app When BTC heads south as violently as it did over the past week or so, analysts are trying to determine what caused the calamity and what’s next. On the surface, there are always some evident reasons, such as the building macro pressure, uncertainty after the midterm elections for crypto, and the Bitcoin ETF outflows, which neared $1.3 billion last week alone, and have continued as the new week began. But we will focus on more unexpected factors in this article that could be behind this major leg down. Those that remain behind the scenes. Liquidity and Longs The first factor came from stablecoins, which have helped finance virtually e...
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Bitcoin Retail Capitulation Begins: Is a Bullish Reversal Near?

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  Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy – https://telegram.me/freecryptosignalsdaily Bitcoin’s latest major leg down that pushed it to a multi-month low has started to visibly shake out retail investors, with thousands of previously funded wallets being emptied as the cryptocurrency fails to stage a notable recovery. The development comes alongside some of the worst market sentiment in months, raising the question of whether the sell-off is entering a capitulation phase. Almost 110K BTC Wallets Gone Santiment Intelligence reported earlier today that the Bitcoin network has reached 59.99 million non-empty wallets on October 16, narrowly missing the 60 million milestone. Since then, though, the figure has witnessed a sharp decline, falling by roughly 108,700 wallets as BTC’s price was rejected and the promise of an ‘Uptober’ failed. The analysts attributed the decline...
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US CPI Shock Pushes Bitcoin Near 11-Week Low

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  Explore the provided link to ensure a steady profit in Binance futures trading: https://telegram.me/binancefuturesignal Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarter-point Fed rate hike in December. Bitcoin (BTC) dipped toward its 11-week lows near $73,500 at Tuesday’s Wall Street open after US inflation came above expectations. Bitcoin price action fell as low as $73,518 on the back of higher-than-expected US inflation data before returning above $74,000. October CPI inflation came in above expectations at 0.4% month-on-month despite a slowdown in energy price growth to 0.7% from 5.2% in September. Analysis saw the Nasdaq putting in long-term lows amid “extreme” sell-side pressure. #INIT/USDT has covered all the targets to give a profit of 325% Markets price in December rate hike after inflation data The Binance platform uses the same infrastructure as its spot trading exchange. ...
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XRP ETFs Go Quiet as Solana Funds Face Continued Outflows

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  Visit the link below to achieve consistent profits in Binance Futures trading: https://telegram.me/binancefuturesignal . The XRP ETFs experienced something they hadn't seen since August. The spot Ripple (XRP) exchange-traded funds were often leading the broader crypto-fund inflows for weeks, including closing in October in the green, but demand has disappeared as November began. The funds tracking Solana’s SOL are in an even worse shape, closing their fifth consecutive week in the red, as total inflows dropped from over $1.6 billion to under $1.45 billion. XRP ETFs See No Demand CryptoPotato reported last week that the spot XRP ETFs managed to end October with almost $19 million in net inflows. This contrasted sharply with the millions and millions of dollars in net outflows from the spot BTC and ETH ETFs during the same month. However, there were two major catches. First, this was the second-worst month in terms of net inflows for the XRP ETFs. Second, the green...
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BTC Next Move: 3 Market Signals Investors Should Watch

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  Visit the link to secure consistent profits in Binance Futures trading. Get free Bitcoin trading signals and use the Cornix trading bot for the best automated trades: https://telegram.me/btctradingclub . The Fed's expanding balance sheet may improve conditions for risk assets, but there's no guarantee the new liquidity gets to crypto markets. Bitcoin dumped below $74,000 earlier today after closing five straight weeks in the red. And according to CryptosRus, the question is whether new capital can support any rebound the OG cryptocurrency makes. Bitcoin’s $76K Test Comes Down to Capital Flows In a November 9 analysis, CryptosRus pointed to approximately $1.65 billion in combined weekly outflows from spot Bitcoin and Ethereum ETFs, compared with a $212 billion expansion in the Fed’s balance sheet since its low at the end of last year. As CryptoPotato reported, BTC ETFs bled about $1.28 billion last week, with over $840 million of that coming from the last ...
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