Bitcoin Dips to Two-Month Low Amid ETF Outflows and Firm's Sale

Bitcoin cryptocurrency ETF

نظرة سريعة

Bitcoin fell to a nearly two-month low of around $71,479 on Monday, driven by significant ETF outflows and a $2.5 million sale by MicroStrategy.
The top crypto is down over 7% weekly, with ETF net flows turning negative year-to-date.

ملخص مُنشأ بالذكاء الاصطناعي

حجم الخط

Bitcoin fell to a nearly two-month low of around $71,479 on Monday, driven by significant ETF outflows and a $2.5 million sale by MicroStrategy. The top crypto is down over 7% weekly, with ETF net flows turning negative year-to-date.

Read the full article on Decrypt

مواضيع ذات صلة

Bitcoin

مواضيعcryptocurrency ETF MicroStrategy Michael Saylor CoinGecko CoinGlass

This article was originally published by Decrypt.

أخبار ذات صلة

المزيد حول هذا الموضوعBitcoin

يتطور·9 sa önce

BonkDAO Suffers $20 Million Treasury Drain Through Malicious Governance Proposal

BonkDAO's treasury was drained of approximately $20 million in BONK tokens due to a malicious governance proposal. Attackers reportedly amassed $4 million in BONK before the vote, exploiting low participation and token-weighted approval to bypass security measures. This incident highlights operational security challenges for DAOs.

CryptoSlate

يتطور·12 sa önce

Bitcoin Dominance Drops as Altcoins Gain Traction with Revenue-Focused Strategies

Bitcoin's market dominance has fallen to a one-month low of 54%, while "Others" (excluding BTC, ETH, stablecoins) climbed to 24.68%. This shift is driven by altcoins with real protocol fees, buyback programs, or institutional integration, signaling a move away from broad "everything pumps" alt seasons.

CryptoSlate

يتطور·12 sa önce

Bitcoin Supply Held at a Loss Suggests Market Nearing Cycle Bottom, K33 Reports

Over 50% of Bitcoin is currently held at a loss, a metric K33 says historically indicates a market cycle bottom is near. Past cycles bottomed within weeks of this signal, though spot Bitcoin ETFs may alter current dynamics.

Cointelegraph

يتطور·14 sa önce

Bitcoin's Rebound Faces Crucial Test of Buyer Demand

Bitcoin nears $63,195 after a 6.6% weekly gain, recovering from last week's selloff. The next challenge is proving sustained buyer demand beyond short-covering and leverage, with ETF inflows and spot volume needing to hold, and the $61k-$62k area needing defense.

CryptoSlate

مُلِح·1 g önce

BonkDAO Suffers $20 Million Exploit Via Malicious Governance Attack

BonkDAO, the decentralized autonomous organization for the Bonk meme coin, experienced a $20 million exploit due to a malicious governance attack. A passed proposal transferred over 4.4 trillion BONK tokens to an attacker's wallet, prompting investigations and actions from exchanges.

Decrypt

يتطور·1 g önce

Bitcoin Sees Volatility After Strategy Sells BTC Holdings

Bitcoin experienced flash volatility, dropping over 4% to near $61,000, after Strategy announced it sold 3,588 BTC to fund preferred stock dividend payments and replenish cash reserves. The price partially rebounded during the US trading session, settling around $62,000.

Cointelegraph

المزيد حول هذا الموضوعBitcoin