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Tag Archives: Bitcoin News

Bitcoin Price Struggles to Stay Above $62,000 despite Positive European Equity Rally

CoinspeakerBitcoin Price Struggles to Stay Above $62,000 despite Positive European Equity Rally This ongoing Bitcoin volatility has forced Bitwise, an asset manage­ment firm, to advise caution, suggesting the­ halving event might have be­en a "sell the ne­ws" scenario. Bitcoin Price Struggles to Stay Above $62,000 despite Positive European Equity Rally

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Bitcoin Price Analysis: BTC Could Rally Unless This Support Gives Way

Bitcoin price started a downside correction from the $65,500 zone against the US Dollar. The price is now trading above $62,000 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $63,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $61,000 support zone. Bitcoin price is correcting lower below $63,000 against the US Dollar. BTC...

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Spot Bitcoin ETFs Sees 7th Consecutive Day of Outflow Streak

CoinspeakerSpot Bitcoin ETFs Sees 7th Consecutive Day of Outflow Streak Bitcoin ETFs in the US saw $34.4 million net outflow on May 2nd, a significant drop from the previous day's record $563.7 million. Interestingly, BlackRock and Fidelity's Bitcoin ETFs, ranking 2nd and 3rd in terms of total net assets, saw zero net flows on Thursday Spot Bitcoin ETFs Sees 7th Consecutive Day of Outflow Streak

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