1 day ago
Bitcoin Falls to February Levels as Standard Chartered Eyes Bottom
TLDR Bitcoin dropped 14% in seven days, reaching levels last seen in February. U.S. spot Bitcoin ETFs recorded 13 straight days of outflows totaling $3.45 billion. Strategy sold 32 Bitcoin for $2.5 million, marking its first net reduction in years. The sale funded dividends tied to STRC preferred shares with an 11.5% rate. Standard Chartered [...]
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