Bitcoin bounces back to $70,000 following US?ETF?slump
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SPARC Society, Hansraj College
An Academic Guidance Platform for Finance and Commerce Undergraduates
Monday saw digital assets on the rise, with Bitcoin surging 5.8% to $70,014, marking its highest level in over a week. Ether, Solana, and Dogecoin also experienced gains of around 5% or more. However, ETFs faced significant outflows, with nearly $900 million pulled out, primarily from the Grayscale Bitcoin Trust. Nonetheless, bid orders hovering around $60,000 suggest a strong buy sentiment, as observed by Nathanael Cohen, co-founder of Indigo Fund, a digital-asset?hedge?fund.
Bcom hons student, Hansraj College|| Finance and Investment Cell || TEDxHansraj || The Entrepreneurial Cell || S.P.A.R.C.||
11 个月Great read ??
Student at Hansraj college, Delhi University || Mark-it || S.P.A.R.C.|| Arcade
11 个月Insightful
2nd year || Student at Hansraj College || B.com(Hons) || S.P.A.R.C. ||
11 个月Insightful
Chief Analyst at RiskHedge │ Rational optimist
11 个月My 2024 bitcoin target is $150,000. Halving is a big part of that. Another one is correlation to GLD ??
|| Hansraj- '27, DU || Internship Cell- Joint Coordinator || S.P.A.R.C. || Neenv-HRD || DAVSV '23 ||
11 个月Great Insights