Bitcoin rallies through $77K despite spot BTC ETF outflows topping $2B
Bitcoin finds footing above $77,000 despite investors’ worry over BigTech earnings results and $2 billion outflows from the BTC ETFs.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin finds footing above $77,000 despite investors’ worry over BigTech earnings results and $2 billion outflows from the BTC ETFs.
Why this matters
Bitcoin is showing up inside the Bitcoin ETF theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Bitcoin spot ETFs report $62M in net outflows, ending three-week inflow streak
The recent outflows in Bitcoin spot ETFs highlight the volatility and shifting investor sentiment in the crypto market, impacting...
BlackRock’s IBIT leads spot Bitcoin ETFs with $265M in outflows
Sustained outflows from Bitcoin ETFs could destabilize the market, potentially triggering a feedback loop of falling prices and in...
Bitcoin Price Prediction: Michael Saylor’s Strategy Posts Massive Q2 Loss Despite Bigger Bitcoin Stack
Bitcoin is trading around $63,000 to $65,000 price range, as Strategy’s weak Q2 earnings add pressure to an already cautious marke...
Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing
Bloomberg Intelligence estimates the average net cost basis of US spot Bitcoin ETF capital at roughly $82,249, leaving the positio...
Blackrock, Fidelity Lead $265M Bitcoin ETF Outflows as Ether Gains
U.S. spot bitcoin ETFs posted $265.4 million in net outflows on July 31, led by Blackrock’s IBIT, while spot ether ETFs pulled in...
Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M
Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading...