🚨 Crypto News Flash! 🚨
- This week, U.S. spot Bitcoin ETFs saw outflows of over $300M, driven by global macroeconomic uncertainties, including the Iran-Israel conflict.
- Bitcoin dipped to a weekly low of $60,047 but rebounded to $62,000 after positive U.S. payroll data.
- Despite inflows of $25.59M on Oct. 4, the three-day outflow streak left ETFs in negative territory.
- Bitwise’s BITB led with $15.29M inflows, while Grayscale’s GBTC faced $13.91M outflows.
- Bitcoin miners sold $143M worth of BTC, adding selling pressure.
- Analysts eye $63,000 and $64,000 as key levels to watch.
💬 What do you think about these trends? Share your thoughts below!