Crypto Funds Bleed $1.80 Billion As Metals Rally Heats Up
Investors stepped back this week as a mix of shifting bets and quick profit-taking pushed money out of spot crypto ETFs. Markets moved fast, and some of the biggest swings were driven by short-term reactions rather than a change in long-term views. Spot Crypto ETF Flows Based on reports from Farside, US-based spot Bitcoin ETFs…
Bitcoin Price Forms Descending Triangle Pattern Amid Israel-Iran Tensions
The recent escalation in tensions between Israel and Iran has added a new wave of anxiety in the global markets, causing investors to adopt a more cautious stance towards investing. At the same time, Bitcoin’s technical chart is sending mixed signals that could lead to a breakout in either direction. After a failed attempt to…
Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt
A sudden wave of selling hit crypto markets in the early hours of Friday, as reports of an Israeli airstrike on Iran set off fresh jitters. Bitcoin sank 5%, slipping under the $104,000 mark. Altcoins fared worse, with losses ranging from 6% to 9%. Based on reports from Coinglass, more than $1 billion was wiped…