Bitcoin price drops to $62.5K as trader warns weekly close may spark more losses
Bitcoin falls further toward new August lows, ignoring positive US inflation trends while US stocks continue to circle all-time highs.
Key Takeaways
- Bitcoin falls further toward new August lows, ignoring positive US inflation trends while US stocks continue to circle all-time highs.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
China Injected $52 Billion and Bitcoin Fell, Three More Days Are Scheduled
China injected $52 billion and Bitcoin dropped 1.7%. Three more injection days open Monday, each capped at $88 billion. The post China Injected $52 Billion and Bitcoin Fell, Three More Days Are Scheduled appeared first on BeInCrypto.
XRP Price Falls Below $1 Again Despite Record Network Adoption
XRP price slipped below $1 again in the past 24 hours, despite record adoption metrics across the XRP Ledger (XRPL). The altcoin is currently testing a level it defended for years. The breakdown complicates a thesis built almost entirely on institutional…
Morgan Stanley’s BlackRock Bitcoin ETF holdings rise 23% in Q2
Morgan Stanley’s reported IBIT holdings rose to 16.5 million shares in Q2, while Ether ETF positions and several crypto-linked stocks also increased.