As crypto prices fall, fund investors remain bearish with record weekly outflows from digital asset investment products totaling $207 million in the seven days through Jan. 7.The spate of redemptions adds to the pressure on the market that began in mid-December, bringing the four-week outflow total to $465 million.Investment funds focused on bitcoin, the world’s largest … [Read more...] about Digital Asset Funds Hit by Record Weekly Outflows of $207M
Weekly
Bitcoin risks lowest weekly close in 2 months but BTC buyers stock up at $53K
Bitcoin (BTC) hovered around $54,000 on Nov. 28 as the upcoming weekly close showed signs of hitting two-month lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuyers keen at $53,000Data from Cointelegraph Markets Pro and TradingView followed a quiet 24 hours for BTC/USD after Friday's $6,000 red candle.Although quiet into Sunday, the pair nonetheless dipped … [Read more...] about Bitcoin risks lowest weekly close in 2 months but BTC buyers stock up at $53K
Bitcoin avoids recent lows as BTC price eyes $60K into the weekly close
Bitcoin (BTC) hovered near $59,000 as Nov. 21 came to a close after avoiding a retest of its recent lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC challenges $60,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD almost hitting $60,000 before consolidating in a new higher range after sudden gains Saturday evening.The pair had hit lows of … [Read more...] about Bitcoin avoids recent lows as BTC price eyes $60K into the weekly close
Bitcoin eyes third weekly close above $60K as Ethereum fuels new altcoin market cap record
Bitcoin (BTC) preserved $61,000 into the weekend after “aggressive” buying on Coinbase sparked multi-day highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCoinbase BTC buyers step upData from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling overnight after briefly challenging $63,000.Friday saw strong performance after U.S. traditional markets … [Read more...] about Bitcoin eyes third weekly close above $60K as Ethereum fuels new altcoin market cap record
Shiba Inu Hits Record High as Bitcoin Eyes Weekly Price Loss
Shiba inu (SHIB), the self-proclaimed dogecoin killer, tapped lifetime highs on Sunday as bitcoin appeared on track to snap its three-week winning streak.The shiba inu coin traded at $0.0000455 at 11:20 UTC, topping the previous record price of $0.0000388 reached on May 10, according to data source Messari.Prices for the meme token have risen by nearly 50% in the past 24 hours, … [Read more...] about Shiba Inu Hits Record High as Bitcoin Eyes Weekly Price Loss