🪙 Crypto Flash News 🪙
🔸 The crypto market remains as dynamic as ever! Bitcoin ETFs saw massive outflows of $435M, ending a five-day streak of inflows. Amid Bitcoin hovering at $93,727 (-4.51%), BlackRock’s iShares and Grayscale’s Mini Trust stood out with $268M and $400K in inflows respectively, while others like Bitwise’s Bitcoin ETF recorded their largest-ever outflow of $280M. #BitcoinETF #CryptoMarket
🔸 MicroStrategy made waves, purchasing a colossal 55,500 BTC worth $5.4B, marking its largest #Bitcoin buy yet. CEO Michael Saylor called it a bold step for the "digital transformation of capital," despite skeptics raising concerns about the risks if Bitcoin’s price stumbles.
🔸 In the UK, crypto adoption continues to grow, with the FCA rolling out plans to regulate the market. These moves aim to provide more clarity and safety for investors in an industry of "extreme greed," as reflected in today’s fear and greed index at 82. #CryptoAdoption
🔸 The total crypto market cap now stands at $3.23T, with a 24h trading volume of $238.5B. Bitcoin dominance is at 57.53%, maintaining its firm grip despite market fluctuations. #Blockchain