Why Bitcoin Price Fell Below $96,000 FarSide data shows that US investors pulled more than $671.9 million out of Bitcoin ETFs in a single day after Federal Reserve Chairman Jerome Powell’s remarks, the largest daily outflow in the fund’s history. Among them, Fidelity and GrayScale ETFs experienced the largest outflows, with $208.5 million and $188.6 million, respectively. This event caused the price of Bitcoin to fall from $105,000 to below $96,000. Digital currency#CorePCESignalsShift #BTCNextMove #ElSalvadorBTCReserve
#Quick: BlackRock says allocating up to 2% of portfolio to Bitcoin is a "reasonable range". BlackRock, the world's largest asset management company, has stated that it considers allocating up to 2% of its capital to Bitcoin to be a "reasonable range". This proposal is presented as part of the strategy of increasing trust in digital currencies and improving risk management in portfolios. BlackRock CEO Larry Fink recently described Bitcoin as a reliable store of value asset that can protect capital against economic and geopolitical uncertainty, similar to gold but with a more limited supply. In addition, BlackRock has recently launched its Bitcoin ETF, which has been widely welcomed by investors and has strengthened Bitcoin's place in institutional investment strategies.#
#🇺🇸 President-elect of the United States, Trump, announced that the BRICS countries will face 100% tariffs if they create a new currency to replace the "powerful US dollar".#
#New: Tron founder Justin Sun has invested $30 million in President-elect Donald Trump's crypto project and has become the project's largest investor.#
#UPDATE: Hong Kong's largest digital bank, ZA Bank, launches cryptocurrency trading. ZA Bank, the largest digital bank in Hong Kong, has recently announced that it has added cryptocurrency trading services to its platform. By launching this service, this bank allows users to buy, sell and store digital currencies such as Bitcoin and Ethereum. This step is in line with the expansion of the digital currency market in Hong Kong and responding to the growing demand for digital financial services. Regulated by the Hong Kong financial authorities, ZA Bank assures its users that transactions made through its platform will be secure and in compliance with local regulations. The move reflects the growing adoption of digital currencies in Hong Kong, which, as one of Asia's major financial centers, is becoming a hot spot for blockchain and crypto-related activities.#NotPriceSurge
#Dogecoin is gaining attention as whale activity picks up and prices approach key resistance levels. 🐋✨ A recent rally pushed DOGE above $0.5, bringing the $1 target back into focus. However, some chart patterns suggest a possible reversal could be on the horizon. 📊 #
Bitcoin has smashed through its all-time high, soaring to an incredible $94,000 in the last 24 hours! 💹 With increasing institutional adoption and optimism around crypto-friendly policies, the $100,000 milestone is now closer than ever. 🌟
In other news, Trump Media & Technology Group (TMTG) is making waves with reports of a potential acquisition of Bakkt, a leading crypto trading platform. This bold move underscores the growing importance of digital assets in shaping the future of finance. 🌍
Crypto is evolving rapidly—what are your thoughts on these groundbreaking changes? Share below! 👇
#UPDATE: 🇺🇸 President-elect Trump is considering appointing cryptocurrency attorney Teresa Gowdy Guillen to replace Gary Gensler as head of the Securities and Exchange Commission (SEC), CoinDesk reports.#