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news-imageDecember 28, 2024

Bitcoin ETF Records $287M Outflow Amid BTC Dip To $94K, What's Next?

As the broader crypto market continues to tackle heightened volatility, Bitcoin ETF products also appear to have faced significant turbulence. Notably, recent market stats indicate that the US Spot BTC ETFs closed the week with $287 million outflows, raising market concerns amid BTC price dip to $94K.
Publisher: Coingape
Sentiment: Negative
BTC

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The price of Bitcoin saw no overall gain over the past week as the premier cryptocurrency continued to undergo a market correction. Despite multiple upward movements, Bitcoin struggled to break past the $100,000 resistance with its price performance in December continuing to deviate from earlier bullish predictions.

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Bitcoin Faces Uncertainty: Could the Bears Drive BTC Down to $60K

Bitcoin (BTC) has recently been showing signs of weakness, and investors are starting to wonder whether the cryptocurrency will experience a major price correction. With BTC struggling to gain significant momentum, analysts are speculating that Bitcoin could potentially fall to as low as $60K.

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