Fake BlackRock ETF news prompts US$57 mln in Bitcoin long liquidations
Bitcoin briefly spiked to US$29,388 after the fake post, before tracing back the gains.
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Weekly Market Wrap: ETF developments bolsters Bitcoin above US$26,000
Bitcoin returned to US$26,000 on Friday, bolstered by Ark Invest’s Ether ETF application and Grayscale’s continued efforts for its potential Bitcoin ETF.
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Weekly Market Wrap: Grayscale’s favorable court verdict, ETF hype fail to lift Bitcoin above US$28,000
While Grayscale’s favorable verdict over the SEC could pave the way for the first spot Bitcoin ETF in the U.S., it failed to bring Bitcoin above the US$28,000 support level.
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Bitcoin recovers after falling below $26,000 as the ETF excitement bubble bursts
Bitcoin stabilized Tuesday morning in Asia after dropping below the key US$26,000 support level over night. Ether also dipped but held the US$1,600 mark.
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Bitcoin stabilizes as ETF enthusiasm tapers off
Bitcoin stabilized above the US$26,000 mark following last week’s sell-off. Top cryptos struggle to gain momentum as Bitcoin ETF applications continue to be delayed.
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Weekly Market Wrap: Bitcoin falls below key US$30,000 support level, as market optimism over ETFs ebbs
Bitcoin fell below US$30,000 this week, as market optimism over ETFs began to ebb. Bitcoin has to hold above US$28,000 next week to avoid further bearish momentum, industry experts told Forkast.
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Weekly Market Wrap: Bitcoin falls below US$30,000 as institutional interest in ETFs fails to lift markets
Bitcoin fell under US$30,000, despite the SEC accepting eight spot Bitcoin ETF applications for review this week. A weekly close under that psychological level could lead to more panic selling, industry experts told Forkast.
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Bitcoin, Ether slip below key levels, ETF developments fail to lift investor sentiment
Bitcoin and Ether both remained below key support levels, as investor sentiment failed to pick up even after the Securities and Exchange Commission (SEC) accepted eight spot Bitcoin exchange-traded fund (ETF) applications for review.
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Bitcoin stays above US$30,000; ETF optimism dampens; further rate hikes expected
Bitcoin dipped on Monday morning in Asia but held above the US$30,000 support level. Ether edged lower along with most other top 10 non-stablecoin tokens.
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Bitcoin breaches US$31,000 on BlackRock’s updated ETF; Ether gains, Polygon leads winners
Bitcoin climbed above US$31,000 on Tuesday morning in Asia after Blackrock refiled its Bitcoin ETF application. Ether also gained amid institutional interest.