Bitcoin's Bullish Momentum in Question as Ether ETFs See Biggest Outflows Since July
The latest crypto market updates can be found in CoinDesk's daily newsletter, First Mover, which includes information on the formation of Uptober due to increased stablecoin liquidity and Bitcoin transactions, as well as the biggest outflows from Ether ETFs since July. Bitcoin has broken the $64K mark while gold prices are also rising. The ETH/BTC ratio has dropped to its lowest point since April 2021, leading some to question if Bitcoin is losing its bullish momentum. The CoinDesk 20 Index currently stands at 2,149.28 with a slight increase of 0.13%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MARA Holdings completes $1 billion debt offering to acquire more Bitcoin
MicroStrategy completes $3 billion notes offering to buy more Bitcoin
Notice on Trading and Pre Market Delivery time Update for MAJOR/USDT
As per requested by the project, Bitget will change the trading time of MAJOR/USDT to 28 November 2024, 08:00 (UTC),and the pre market delivery time to 28 November 2024, 20:00 (UTC). Thank you for your understanding on this matter. Disclaimer Cryptocurrencies are subjected to high market risk and v
SUI’s Blockchain Has Been Down for an Hour