Crypto investment products see $584M outflow as Bitcoin descends to $60K
Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products.
Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products.
Original source
Read on CointelegraphRelated market context
Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash
Bitcoin’s mining difficulty is on track for the second-largest downward adjustment this year, offering a reprieve to miners after...
Backpack’s BP token surges 27% after SpaceX stock debut on Solana
The surge in BP token highlights the growing interest in tokenized equities, potentially reshaping how investors access and trade...
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...
US Soccer celebrates 4-1 World Cup opener as Kraken brings crypto to FIFA’s biggest stage
The US victory boosts national pride and interest in soccer, while Kraken's involvement highlights crypto's growing influence in g...
Olivier Giroud backs Christian Pulisic as USA’s World Cup key, while crypto deepens its grip on the tournament
The intertwining of crypto and football at the World Cup could redefine sports sponsorships, influencing fan engagement and invest...
Are 24/7 CME Bitcoin futures a volatility cure — or a new leverage trap?
Wall Street got to trade Bitcoin around the clock just in time to watch the market fall apart. CME Group launched 24/7 trading for...