welcome
CoinGape

CoinGape

Business

Business & Economics

Will Bitcoin ETF Outflows Trigger Further Crypto Market Crash?

CoinGape
Summary
Nutrition label

67% Informative

Total withdrawals from cryptocurrency ETPs and Bitcoin ETFs this week have reached $1.7 billion .

Bitcoin exchange inflows surged significantly, with over 5,000 BTC transferred three times in a single day .

Spot Bitcoin .

Bitcoin.

market experienced its largest-ever single-day net outflow, with 14,579 BTC withdrawn globally.

Arthur Hayes , co-founder of BitMEX , predicts Bitcoin could retrace to $ 70,000$75,000 amid budget challenges.

VR Score

51

Informative language

41

Neutral language

46

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links