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news-imageNovember 26, 2024

Bitcoin Falters: Record ETF Outflows Plunge The Market!

As the Bitcoin market seemed to stabilize, a thunderbolt shook the cryptosphere. The Bitcoin spot ETFs, often viewed as a barometer of institutional trends, recorded massive outflows of $438 million on November 25.
Publisher: Cointribune
Sentiment: Negative
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November 26, 2024

The FBI's Silk Road Bitcoin is now worth $6.4 billion

The leading cryptocurrency in the world, Bitcoin (BTC) has made impressive strides when it comes to adoption. Whereas in 2024, BTC is available via exchange-traded funds (ETFs), serves as a store of value and hedge against inflation, and enjoys widespread mainstream popularity, in the last decade, it was quite obscure.

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