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๐Ÿšจ๐Ÿšจ๐Ÿšจ Why is the price of bitcoin falling? ๐Ÿ“‰๐Ÿ“‰๐Ÿ“‰ ๐Ÿ˜ฑ๐Ÿ˜ฑ๐Ÿ˜ฑ One reason is capital outflows in the spot bitcoin-ETF sector. On April 8, net daily outflows from bitcoin ETFs totaled $223.85 million. This figure was driven by an outflow of $303.34 million from Grayscale Investments' GBTC fund. Over $15.8 billion in assets have been withdrawn over the life of this product. ๐Ÿ˜Ÿ๐Ÿ’ธ๐Ÿ“‰ $BTC $FARM $DOGE #Ethereum #Polygon #binance #BTC #FjordTrader

๐Ÿšจ๐Ÿšจ๐Ÿšจ

Why is the price of bitcoin falling?

๐Ÿ“‰๐Ÿ“‰๐Ÿ“‰

๐Ÿ˜ฑ๐Ÿ˜ฑ๐Ÿ˜ฑ

One reason is capital outflows in the spot bitcoin-ETF sector. On April 8, net daily outflows from bitcoin ETFs totaled $223.85 million. This figure was driven by an outflow of $303.34 million from Grayscale Investments' GBTC fund. Over $15.8 billion in assets have been withdrawn over the life of this product. ๐Ÿ˜Ÿ๐Ÿ’ธ๐Ÿ“‰ $BTC $FARM $DOGE #Ethereum #Polygon #binance #BTC #FjordTrader

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โ˜„ Which altcoins can bring quick profits? Michael van de Poppe believes that after the appearance of spot ETFs for ether in the United States, the altcoin market is ready for significant growth. The ETH exchange rate has risen by more than 25% in a week. Positive market sentiment may trigger a bullish trend and many altcoins will rapidly follow ether upwards. The first one van de Poppe called Optimism (OP). The reason: 30% of the coin's market capitalization is locked in the ecosystem. Now OP is trading at $2.45, and the analyst predicts that in the next six months the rate will grow by almost 300-800%. The expert called investments in Arbitrum (ARB) promising. The project recently announced the issuance of 225 million ARB coins worth about $250 million for the benefit of the Gaming Catalyst Program (GCP), which attracted investors. The ARB exchange rate is now at $1.13, and Poppe expects the coin to grow by 250-300%. The analyst also highlighted Wormhole (W), predicting that the exchange rate of this cryptoasset will grow by 200-400%, and citing the launch of solutions that increase blockchain interoperability as important. WO Network (WO) has an encouraging outlook. As the Etherium ecosystem expands, decentralized exchanges like WO Network could gain popularity due to rising trading volumes. The growth of the WO rate will be between 300% and 800%, the expert believes. Poppe also paid attention to Dogecoin (DOGE). Even though the price has fallen 81% from its peak, memcoin could rise by 400โ€“500%. This will be due to the rush demand for meme cryptocurrencies that the trader is waiting for. $BTC $SOL $NOT #BTC #LEDGER #Web3 #BTC
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