Bitcoin ETFs are not to blame for Bitcoin (BTC)'s seismic price drop this month, according to Bloomberg ETF analyst Eric Balchunas. Tapping a fresh multi-year high of $49,000 on January 11, the launch of several U.S.-based Bitcoin spot ETFs that same day has appeared to mark a definitive local top for the asset, which is […] The post Bloomberg: Don’t Blame Bitcoin ETFs For Crypto Market Dump - Here’s the Latest appeared first on Cryptonews.
Bloomberg: Don't Blame Bitcoin ETFs For Crypto Market Dump - Here's the Latest
Crypto News - 23 Jan 2024 23:50
Bitcoin ETFs are not to blame for Bitcoin (BTC)'s seismic price drop this month, according to Bloomberg ETF analyst Eric Balchunas. Tapping a fresh multi-year high of $49,000 on January 11, the launch of several U.S.-based Bitcoin spot ETFs that same day has appeared to mark a definitive local top for the asset, which is […] The post Bloomberg: Don’t Blame Bitcoin ETFs For Crypto Market Dump - Here’s the Latest appeared first on Cryptonews.
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