US spot bitcoin ETFs recorded net outflows of $91.76 million on Wednesday, with Ark and 21Shares' ARKB leading the outflows.

October is typically a month filled with optimism for Bitcoin (BTC) enthusiasts, often referred to as “Uptober.” This nickname combines “up” with “October,” highlighting the belief that Bitcoin prices tend to rise during this time.

Traders are positioning for volatility tied to a cloud hanging over the future of decentralized finance regulations in the US.

Investigative journalist and author Zeke Faux believed the ongoing pro-cryptocurrency stance adopted by presidential nominees Donald Trump and Kamala Harris is miscalculated, as the cohort that finds the asset class appealing isn't as large as it's made out to be. What Happened: During a recent discussion at Yahoo Finance's Asking For A Trend show, Faux spoke about the rising prominence of cryptocurrency in political dialogue.

Eric Balchunas published a list of the highest-performing ETFs of the 2020s, and two Bitcoin ETFs made the cut. BlackRock's IBIT and Fidelity's FBTC were both “stud level,” with over $10 billion in assets under management (AUM).

Pantera Capital has positioned Bitcoin (BTC) as the quintessential financial product for progressives, highlighting its potential to foster financial inclusion on a global scale. The report outlines a range of attributes that make Bitcoin a transformative force in the financial landscape, emphasizing its accessibility and efficiency.

Despite the green September close, Bitcoin (BTC) and the rest of the market faced another bloodbath as October started. The flagship crypto saw a 7% decline, fueling a bearish sentiment among investors.

Veteran trader Peter Brandt's warning to crypto traders suggests Bitcoin could fall into a deeper downtrend.

Bitcoin tests $60K as US ETF inflows slow, with Fed rate bets and Middle East tensions driving market uncertainty. Will BTC hold this critical support?

Bitcoin (BTC) has experienced a whirlwind of activity lately, facing downward pressure that temporarily pushed its price below the $64,000 mark. However, recent data indicates that the leading cryptocurrency might be preparing for a bullish rally that could lead it closer to a new all-time high (ATH).

Leading cryptocurrencies continued to trade in the red as geopolitical tensions kept risk appetite in check.

According to a recent Forbes report, US lawmakers from both sides of the political spectrum are rallying around a proposal to create a strategic Bitcoin (BTC) reserve for the US, following Senator Cynthia Lummis' speech at the 2024 Bitcoin Conference in Nashville.

Bitcoin price is consolidating above the $60,000 support. BTC could aim for a fresh increase unless there is a close below the $60,000 support.

Prominent trader Peter Brandt has once again captured the market's attention with his insights on Bitcoin's recent price trajectory. As Bitcoin navigates a turbulent market, Brandt underscores the necessity for bulls to reclaim the pivotal $71,000 level to resume a bullish trend.

Bitcoin has recently faced a 10% correction since last Friday, but it is now holding above a crucial support level that could pave the way for a price rally. Analysts and investors eagerly watch the market, hoping BTC will regain momentum.

Bitcoin (BTC) is on a trajectory that suggests higher prices in the near future, driven by a notable increase in global liquidity and favorable macroeconomic trends. With liquidity rising by 0.92% to $132.8 trillion—marking its highest levels since early 2022—Bitcoin stands to benefit significantly from these developments.

The cryptocurrency market experienced a significant shift as spot Bitcoin exchange-traded funds (ETFs) recorded $242.6 million in outflows. This marked the end of an impressive eight-day inflow streak that had seen these funds accumulate $1.42 billion.

Argentina's Vice President Victoria Villarruel says she spoke to El Salvador President Nayib Bukele “about Bitcoin (BTC)” during the latter's visit to Buenos Aires.

On October 1st, the entire U.S. Bitcoin ETF market faced a brutal reality. Not a single ETF made a Bitcoin purchase — except for BlackRock.

Bitcoin crowd sentiment remains bullish after an impressive September but short-term sell pressure is taking precedence according to the data.

Bitcoin (BTC) has entered its historically favorable fourth-quarter period, but the potential for a strong rally remains uncertain due to weak demand growth, according to an Oct. 2 CryptoQuant report.

Arthur Hayes expressed strong confidence that Bitcoin could potentially reach a new all-time high this October. Read to know why!

Trillion-dollar asset manager Franklin Templeton has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin and Ethereum index exchange-traded fund (ETF). The fund, named the Franklin Templeton Bitcoin & Ethereum Crypto Index ETF, seeks to provide investors with combined exposure to both Bitcoin and Ethereum, two of the largest

Bitcoin price has faced continuous downward pressure, staying below the critical $60,250 level and hitting an intra-day low of $60,087. The general cryptocurrency market has become uneasy due to the rising geopolitical tensions between Israel and Iran, which are primarily to blame for this decline.

Bitcoin is navigating a pivotal moment after experiencing a 5% dip from its recent local highs of around $66,500. The broader crypto market is currently in a state of flux, yet investor sentiment remains buoyant regarding future performance.

A high-profile whale had to close $120M in positions on Hyperliquid, incurring significant costs and funding fees. BTC slid to $60,000 after over-leveraged longs were attacked.

Open interest (OI) in Bitcoin has skyrocketed, surpassing $35 billion. Additional Middle East escalation may send prices down to as low as 55,000.

Franklin Templeton has submitted a Crypto ETF proposal to the SEC, aiming to offer combined exposure to Bitcoin and Ethereum. The post Franklin Templeton submits Bitcoin & Ethereum index ETF proposal to SEC appeared first on Crypto Briefing.

U.S. spot Bitcoin ETFs saw outflows of about $243 million, marking the largest withdrawal in almost a month. This shift comes after an eight-day streak of inflows, which had totaled approximately $1.4 billion.

Bitcoin traders maintain a neutral sentiment despite the uptick in geopolitical tension and uncertainty within world markets.

In a recent episode of the Unchained Podcast, Democratic Representative Ro Khanna said US government should keep seized Bitcoin as a strategic reserve asset. Support for a strategic Bitcoin reserve is now bipartisan.

Bitcoin has taken a hit as rising tensions between Israel and Iran have led to heightened market uncertainty. As the conflict escalates, Bitcoin's price has dropped by 3.16%, settling around $61,715, with major altcoins like Ethereum down as much as 10%.

New data from the crypto market analytics firm Kaiko Research indicates traders are placing big bets that Bitcoin (BTC) will have a strong October.

Crypto whales are aggressively accumulating Bitcoin (BTC) in an unprecedented manner, according to the CEO of a prominent analytics firm. CryptoQuant CEO Ki Young Ju tells his 363,000 followers on the social media platform X that the market hasn't seen the current behavior from whales.

Cryptocurrency markets are trading lower as markets continue to cope with geopolitical uncertainty. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,836 -1.6% Ethereum (CRYPTO: ETH) $2,393 -4% Solana (CRYPTO: SOL) $140.87 -4% Dogecoin (CRYPTO: DOGE) $0.1034 -3.4% Shiba Inu (CRYPTO: SHIB) $0.00001617 -0.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12% and daily active addresses increasing by 17.6%.

Bitcoin's price is currently retesting its "Bull Market Support Band" trend indicator, where prices often rebounded from pullbacks during uptrends.

Bipartisan support builds for a U.S. strategic Bitcoin reserve as Senators Lummis and Khanna back Bitcoins potential as a national asset. The post Congressman Khanna backs Bitcoin strategic reserve as Democrats seek a ‘crypto reset' appeared first on Crypto Briefing.

On-chain analytics provider Spot On Chain highlighted a Bitcoin (CRYPTO: BTC) whale's activity as the apex crypto is trying to hold on to the $62,000 mark. What Happened: The platform reported that the Bitcoin whale deposited on a centralized exchange as the market dropped amid escalating geopolitical tensions The whale had reportedly accumulated a net 3,933 BTC (worth $234 million) from Binance between Aug. 29 and Sep. 15.

In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve's recent interest rate cut. This recovery signals the potential for further price momentum, although broader market conditions remain cautious.

Bitcoin has seen a retracement from the $66,000 level, but that does not mean that the bullishness of the pioneer cryptocurrency is completely gone. It is currently sitting around 4% below $66,000, which still makes its $63,000 level very attractive for bulls.

The Bitcoin price could drop to as low as $57,000, according to a recent prediction by popular analyst Justin Bennett. Israel's imminent attack against Iran could be what leads to this price decline, considering how the flagship crypto dropped to $60,000 following Iran's missile attacks against Israel.

Bitcoin (BTC) is showing signs of renewed optimism as several key indicators have turned positive, according to a well-known on-chain analyst. The pseudonymous analyst, Checkmate, who has garnered a following of over 98,000 on the social media platform X (formerly Twitter), has shared insights suggesting that Bitcoin's market momentum is stabilizing.

The head of digital assets at BlackRock, Robert Mitchnick, is reportedly saying that the spot Ethereum (ETH) exchange-traded fund (ETF) launched earlier this year by the global investment giant has attracted a lower volume of inflows relative to a similar Bitcoin (BTC) product.

Crypto has its worst start to October since 2013.

History favors Bitcoin's price prospects for Q4, but CryptoQuant analysts caution that a consistent uptick in demand will be a critical component.

Bitcoin's price took a sharp dive, shedding nearly $4,000 in just under 24 hours as tensions in the Middle East flared up following a missile strike by Iran on Israel on October 1st. The sudden price drop saw Bitcoin plummet from over $64,000 to a low of $60,000 before stabilizing around $61,700 during early Wednesday trading in Asia.

The price of Bitcoin has plunged over the last 24-hour period amid rising geopolitical tensions, to now trade around $61,000 after losing nearly 7% of its value. The drop- however, may be a temporary setback, as a cryptocurrency analyst has recently pointed to a potential surge to $90,000 this year.