Bitcoin back in ‘distribution phase’ as extreme fear grips crypto market
Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase.
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Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase.
Bitcoin treasury firms made up nearly all May inflows, but BTC-linked capital formation also dropped sharply from April.
Bitcoin fell to fresh two-month lows as BTC price weakness accelerated and analysis targeted its 200-day moving average trend line.
Robinhood will enter Canada after its WonderFi acquisition brought local crypto exchanges Bitbuy and Coinsquare under its control.
Santiment says that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.”
BTC fell 3.4% in 24 hours to below $71,000, the lowest level in weeks, as Monday's 8-K filing disclosing Strategy's …
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