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Bitcoin Rebounds After Flash Crash šŸ”„ Bitcoin briefly dipped below $94,000 amid South Koreaā€™s political turmoil, causing the ā€œKimchi premiumā€ to hit record negatives. However, BTC rebounded to $96,109, with analysts eyeing $97,270 as a critical level for sustained recovery. Traders remain cautiously #bullish as Bitcoin retests lower highs and shows resilience despite volatility. Retail investor interest surged 30% in the past month, driving market engagement and potentially signaling a local top. Analysts remain #optimistic , with $100,000 seen as a decisive target for Bitcoinā€™s market trajectory. If you enjoy my content, feel free to tip me ā¤ļø #Binance #crypto2024
Bitcoin Rebounds After Flash Crash šŸ”„

Bitcoin briefly dipped below $94,000 amid South Koreaā€™s political turmoil, causing the ā€œKimchi premiumā€ to hit record negatives. However, BTC rebounded to $96,109, with analysts eyeing $97,270 as a critical level for sustained recovery. Traders remain cautiously #bullish as Bitcoin retests lower highs and shows resilience despite volatility.

Retail investor interest surged 30% in the past month, driving market engagement and potentially signaling a local top. Analysts remain #optimistic , with $100,000 seen as a decisive target for Bitcoinā€™s market trajectory.

If you enjoy my content, feel free to tip me ā¤ļø

#Binance
#crypto2024
Can Grayscale Recover? šŸ˜¬ Grayscale's Bitcoin ETF (#GBTC ) is losing investors' money fast! Over $16.2 billion has flowed out since January, with daily outflows ranging from $75 million to $300 million. This is despite a recent surge in #Bitcoin ETFs overall. The culprit? Likely GBTC's high 1.5% management fee compared to competitors' 0.3% average. Grayscale CEO remains #optimistic , but outflows continue. Can they adapt or will they lose their lead? #Binance #crypto2024
Can Grayscale Recover? šŸ˜¬

Grayscale's Bitcoin ETF (#GBTC ) is losing investors' money fast! Over $16.2 billion has flowed out since January, with daily outflows ranging from $75 million to $300 million.

This is despite a recent surge in #Bitcoin ETFs overall. The culprit? Likely GBTC's high 1.5% management fee compared to competitors' 0.3% average.

Grayscale CEO remains #optimistic , but outflows continue. Can they adapt or will they lose their lead?

#Binance
#crypto2024
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