1 day ago
Bitcoin (BTC) Price: Falls to $62.6K as ETF Inflows Offset Weak Spot Demand
TLDR Bitcoin fell to about $62,600 as spot demand weakened, according to Glassnode. ETF inflows and steady long-term holder activity are helping support the price. Whales added 19,610 BTC while small wallets cut holdings after Coldcard security concerns. Analyst Daan Crypto Trades says a falling wedge breakout is needed for a bigger move. Traders are [...]
The post Bitcoin (BTC) Price: Falls to $62.6K as ETF Inflows Offset Weak Spot Demand appeared first on Blockonomi.
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