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Alex Smith
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#HotTrends $BTC $BNB Bitcoin Price Outlook: Will BTC Slump go as low as to retest TradFi whales’ entry at $54,600 before halving? Bitcoin (BTC) price remains within a bullish technical formation, but its upside potential is not that certain, at least for the short term#

#HotTrends $BTC $BNB

Bitcoin Price Outlook: Will BTC Slump go as low as to retest TradFi whales’ entry at $54,600 before halving?

Bitcoin (BTC) price remains within a bullish technical formation, but its upside potential is not that certain, at least for the short term#

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Bitcoin ETFs see a fifth consecutive day of net outflow Spot Bitcoin exchange-traded funds (ETFs) reported total net outflows of $51.6 million on Friday, marking the fifth day of consistent withdrawals Among these, the Grayscale ETF (GBTC) experienced a substantial single-day net outflow of $169 million. In contrast, the BlackRock ETF (IBIT) and Fidelity ETF (FBTC) saw modest single-day net inflows of $18.89 million and $18.13 million, respectively, both reaching two-day record lows. Despite this downward trend, there’s a silver lining as the rate of outflows appears to be decelerating. The most significant drop happened on Tuesday, with over $323 million exiting across all 10 ETFs. Correspondingly, Bitcoin’s value dipped to $62,000 on the same day. However, as the outflow slows, Bitcoin has started to bounce back, showing a near 3% increase today, pushing its price up to $64,600. Analysts have suggested that ETF demands could resurface as the largest cryptocurrency reaches certain support levels. The upcoming halving could also see renewed interest from institutional investors in these ETFs. $BTC $ETH #HotTrends #BNBChain
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unveils plans for digital banking, debit card, crypto university The accounts aim to allow transactions in major currencies such as dollars, euros, and sterling. Floki will introduce debit cards and staking services as a critical component of its expansion, marking its transition from a meme coin to a comprehensive cryptocurrency financial solutions provider. Digital banking accounts will facilitate the creation and linking of debit cards, ensuring seamless integration with global payment systems like the SWIFT network and SEPA IBANs for worldwide money transfers and transactions. #HotTrends #BNBChain #BOME $BTC $SOL $FLOKI
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