Bitcoin (BTC) Price Slips as U.S. PPI Fails to Spark Gains, ETFs See August's First Two-Day Drawdown

Bitcoin (BTC) price slips as U.S. PPI fails to spark gains, ETFs see August's first two-day drawdown

Spot bitcoin ETFs saw back-to-back outflows for the first time since late July as BTC retraces last week's gains and altcoins struggle to find direction.

Bitcoin ETF Outflows Hit 3-Day Streak: What It Means for Indian Traders

U.S. Bitcoin ETFs saw $57.6M in net outflows, extending the streak to three straight days. For Indian traders, BTC-INR depends on both Bitcoin’s dollar price and the USD/INR exchange rate. A weaker rupee could cushion Bitcoin losses in INR terms, even as ETF outflows pressure BTC. U.S. spot Bitcoin ETFs recorded a net outflow of $57.63 million on August 14, according to SoSoValue data. That’s the third consecutive day of net outflows. Meanwhile,…

Spot Bitcoin ETFs See $56.2M Net Outflow, Extending Three-day Streak

BitcoinWorld Spot Bitcoin ETFs see $56.2M net outflow, extending three-day streak U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a net outflow of approximately $56.2 million on Aug. 14, marking the third consecutive trading day of net withdrawals, according to data from Farside Investors. The continued outflows suggest a cautious sentiment among institutional and retail investors, despite the asset class having seen robust inflows earl…

Bitcoin Slides to $62,852 as Fidelity ETF Outflows Hit $131M in Two Days

Bitcoin can’t catch a break. Even with macro data pointing toward easier monetary policy, the price dropped 0.89% over the… Read the original on Bitcoin Slides to $62,852 as Fidelity ETF Outflows Hit $131M in Two Days. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Bitcoin Price Falls as ETF Outflows and Fed Risks Weigh

Key Insights Bitcoin price headed toward a weekly loss as institutional demand weakened. Spot Bitcoin ETF outflows resumed after stronger inflows during the previous week. Federal Reserve rate-hike expectations remained elevated despite softer inflation data. Bitcoin price headed toward a weekly loss as demand from institutional investors weakened. BTC traded near $63,300 on Friday, Aug. 14, after failing to sustain its latest recovery above $6…