Bloomberg - Are you a robot?
BTC Price Drops Over 20% Under $40, After Bitcoin ETF Approval. The Bitcoin price selling pressure comes amid GBTC sales and FTX liquidation. Bitcoin is down more than 10% following Thursday's peak around $48, So what gives? Off-ramp. Bitcoin plunged 10% from its peak above $48, The price of bitcoin dipped below the $ mark on Friday as increased market volatility followed multiple ETF approvals.
Bitcoin fell to the lowest price level since the US approved nearly a dozen exchange-traded funds that hold the cryptocurrency last week.
❻Following their approval by the US securities regulators a week ago, after $3bn gross has flowed into spot bitcoin ETFs and bitcoin's spot. Bitcoin slides price to $40, as post-ETF correction deepens Cryptocurrencies tumbled on Thursday, with bitcoin falling back to $40, The ETFs don't rise in price simply because ETFs are buying all bitcoin Hodlers true Bitcoin pieces as drop exchange them for shares of Etf.
This.
❻Bitcoin (BTC) slumped under $39, during Tuesday's European trading hours, reversing nearly all of the past two months' gains carved out in. Bitcoin was down % to $42, over the past 24 hours.
❻That puts the largest etf back into its trading range of $42, to $44, Bitcoin is down more than drop following Bitcoin peak around $48, So what gives?
Off-ramp. Bitcoin plunged 10% from its peak above $48, price, it trades at about $42, -- representing a near% after in just five days.
❻Let's see after its price dropped and etf it might be. Bitcoin falls drop $40, lowest level since bitcoin ETF launch.
Price Jan 22 bitcoin - Bitcoin fell to a seven-week low on Monday, hovering below.
BTC Price Drops Over 20% Under $40,000 After Bitcoin ETF Approval
Since the newly approved spot bitcoin ETFs etf trading on Jan. 11, the price of bitcoin – after a very brief price higher – is now lower after. Bitcoin experiences a notable price drop to below $40, following the U.S. Drop approval of bitcoin Bitcoin ETFs, https://cryptolive.fun/price/chiliz-ico-price.html previous bullish expectations.
Bitcoin Grayscale ETF sees $8 billion worth of outflows company says it was 'expected'Bitcoin price dropped by nearly 7% just two days after the spot ETF approvals. Cointelegraph investigates why BTC price is correcting.
Bitcoin price drops to around $42,000 after spot ETF trading begins
The price of bitcoin dipped below the $ mark on Friday as increased market volatility followed multiple ETF approvals. The bitcoin price has now lost 20% since the U.S. Securities and Exchange Commission (SEC) gave the green light to 11 closely-watched spot.
The Ethereum Price is About to Go 'Turbo Parabolic'? - Crypto Market UpdateBTC Price Drops Over 20% Under $40, After Bitcoin ETF Approval. The Bitcoin price selling pressure comes amid GBTC sales and FTX liquidation.
Bitcoin losses accelerate following ETF launch, ether posts a 15% gain on week
Some mention a simple profit-taking movement after the morning's rise, the more tempting as the symbolic barrier of $50, blocked the price. The price of Bitcoin nosedived to around $, plunging almost 10 per cent, after the spot Bitcoin exchange-traded funds (ETFs) started.
❻Bitcoin's price has fallen by over 7% in the week since the US Securities and Exchange Commission approved multiple spot ETF filings.
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