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U.S. spot Bitcoin ETFs experienced $400.67 million in outflows on Thursday, breaking a six-day streak of positive inflows. Ark’s and Bitwise’s ETFs saw their largest single-day withdrawals since launch. Fidelity’s FBTC led the outflows with $179.2 million, while Ark’s ARKB and Bitwise’s BITB had $161.7 million and $113.9 million exits, respectively. BlackRock’s IBIT saw a rare positive inflow of $126.5 million. Meanwhile, U.S. spot Ethereum ETFs faced $3.2 million in modest outflows. Analysts expect a potential recovery despite the recent downturn in both Bitcoin and Ethereum. #BTC #ETHETFS
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SUI Price Soars 600%, Targets to Hit $5? The Sui price achieved a new ATH of $3.51. Technical indicators hint at a potential surge toward a high target price. EMA 50-day records a strong bullish support in the daily time frame. The Sui cryptocurrency has successfully achieved a new all-time high (ATH) of $3.51 during the early Asian trading hours. With this, this altcoin has set a new milestone in the crypto space. Amid the ongoing bullish rally for the Sui (SUI) token, will this altcoin head toward its upper target price of $4 this month? In this article, CoinPedia has uncovered the possible mysteries! Sui Coin Price On The Verge Of Achieving A New High! With an intraday surge of ~3%, the Sui price is currently valued at $3.4130 with a trading volume of $1.98 billion. Moreover, with the recent price surge, it has successfully reclaimed the 14th position in the market. #CPIUpdateOctober #btc70k
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Bitcoin soared to a jaw-dropping $93,435, smashing its all-time high, before taking a breather with a short-term dip below $88,000. Now consolidating above $87,000, it’s eyeing key resistance at $90,000. A breakout could ignite a rally toward $93,450 or even $95,000! On the flip side, if support at $87,150 or $86,500 fails, BTC might nosedive towards $85,280 or $82,500. The Bulls are still in the game, but the next move will be critical! #BTC #btc70k
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Goldman Sachs has reported a big increase in its Bitcoin ETF holdings, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). As of September 30, the bank held $710 million in Bitcoin ETFs. This includes a 156% increase in $BITB shares and a 116% rise in $GBTC shares since August. This growth shows that Goldman Sachs is becoming more involved in Bitcoin investments. The rise in Bitcoin ETF holdings reflects a larger trend of traditional financial institutions gaining more interest in cryptocurrencies.
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Bitcoin ($BTC ) is currently trading at 89,214.26, showing a slight dip of 1.30% from recent highs. BTC touched a 24-hour high of 91,790, but the pullback suggests resistance pressure around this mark. Support has been noted around 85,668, hinting at a significant range for potential trades. Volume remains substantial, with 55,600 BTC exchanged in the past 24 hours, indicating strong market activity. Traders should watch for a possible rebound above 89,933, which could lead to retesting the recent highs or even a breakout. Alternatively, a breakdown could signal further downside, offering short opportunities near support. Stay alert to these critical levels to maximize trading moves.. #WorldLibertyXChainlink #NextMarketMoves #BTCBreaks93k #HaveYouBinanced
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