Tag: Crypto

Bitcoin ETF News: Flows Cross $58Bn and Why Wall Street Isn’t Selling

In the latest Bitcoin ETF news, spot ETF flows have now accumulated $59.6Bn in cumulative net inflows since their January 2024 launch, and the two biggest players, BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC, are still buying. Bitcoin has reclaimed $80,000 for the first time since late January,...
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A Massive Bull Trap? Why Analysts Are Warning About Bitcoin’s $80K Breakout

Bitcoin (BTC) has climbed back above $80,000 for the first time in three months. But data show weak on-chain activity, indicating limited buying support. This makes the asset vulnerable if profit-taking begins without enough new demand entering the market. $80K Breakout or Setup? Crypto analyst Doctor Profit believes bitcoin...
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