BlackRock Bitcoin ETF Outflows Hit $188.7M: Is BTC’s Dominance at Risk?

Quick Summary:

The king crypto Bitcoin went up from $94K to $99K which is seen as a "Santa Claus rally,” but it could also be a profit-taking shift.

Traders are advised to monitor volume and sentiment, with significant BTC options expiring this Friday, adding another layer of uncertainty to the market.

The post BlackRock Bitcoin ETF Outflows Hit $188.7M: Is BTC’s Dominance at Risk?

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Article Details

Author / Journalist: Debashree Patra

Category: Crypto

Markets: United States

Topics: News Bitcoin ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-25 @ 11:50:20 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 425 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24658913

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 13 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

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