Bitcoin Price Down 2.3% as US Spot BTC ETFs Registers 5 Consecutive Days of Net Cash Outflows
As an experienced financial analyst, I believe that the current market trend for cryptocurrencies is bearish, with Bitcoin (BTC) leading the decline. The selling pressure on Bitcoin originating from Coinbase and other spot BTC ETFs has been significant in recent weeks, as evidenced by their net cash outflows. This has contributed to the lack of … Read more