Bitcoin has gained on average in November, but that figure is “skewed” and market participants shouldn’t always rely on it, a crypto executive says.
Related Posts
Bitcoin ETFs Face $826 Million Drain As Selling Pressure Builds
According to data from Farside Investors, institutional money flowed out of US spot Bitcoin ETFs right through the last full trading day before Christmas. Related Reading: IMF Acknowledges Progress On El Salvador Reforms, Cites Stronger Growth Net outflows on Christmas Eve reached a little over $175 million. That was part of a string of weak […]
Crypto needs to become ‘indispensable’ if legislation fails: Bitwise
Bitwise’s Matt Hougan says crypto will have to “wrestle with prolonged regulatory grind and skepticism” if the US fails to pass a market structure bill.
Bitcoin Faces Heavy Selling Pressure as Liquidations Trigger Steeper Decline
Bitcoin (BTC) faced renewed selling pressure on Monday, dropping to around $86,000 after a series of liquidation events erased hundreds of millions of dollars in leveraged positions. Related Reading: Ripple Scores Major Win As MAS Supercharges Its Singapore License The decline deepened over the weekend, pushing BTC briefly under $85,500 amid broader risk-off sentiment and […]