News Formal

First Mover Americas: Bitcoin Returns to $61K, Outperforms Broader Crypto Market

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Jamie Crawley is a CoinDesk news reporter based in London.

Bitcoin ETFs recorded over $61 million in net inflows, the highest since $192 million on Aug. 8, data from SoSoValue shows. BlackRock’s IBIT led with $92 million of inflows, while Bitwise’s BITB recorded $25 million of outflows. Japan’s Metaplanet said it completed a BTC purchase worth $3.4 million, bringing its total holdings to 360.368 BTC. At the time of writing, bitcoin is priced just below $60,800, an increase of 4.

BTC, however, has crossed above $60,000 in the past 24 hours. The positive price action may see shorts throw in the towel, adding to the bullish momentum.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

First Mover Americas: Bitcoin Crashes to $50K as 'Perfect Storm' Hits Crypto MarketKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »