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Bitcoin's price fluctuated significantly, dropping below $63,000 after reaching a record high of $73,000. Grayscale's Bitcoin Trust experienced substantial outflows, with over $1 billion withdrawn in two days. Market analysts express concerns over potential further declines and the impact of Federal Reserve decisions on crypto prices. Despite these challenges, Bitcoin rebounded above $67,000, showing resilience in the face of market pressures.
🟥 Things I’m looking at today 🟥 Crypto bounces after Fed, stocks & gold hit ATH, Alien Punk sells for $16.4m Crypto * BTC: 67.1k (+5%), ETH: 3540 (+8%), SOL: 190 (+9%) * Top 100 gainers: ONDO, FLOKI, AXL, KAS, BCH, SUI * BTC bounces back despite $260m ETF outflow * SEC sends… https://t.co/yCdAfPd8PQ
Bitcoin rebounds above $67,000 as it shakes off $200 billion slump - CNBC https://t.co/EbvcD6cZ8f
A few consecutive days of net outflows from the Bitcoin ETFs, however not very different from late Jan before the trend reversed Imagine we'll see net inflows again today following the bullish reversal/engulfing https://t.co/riaxd8iWpS
