Source: Coindesk.com
Bitcoin experienced a decline, falling below $59,000 with a weekly loss of over 3.5%, amidst signs of reduced demand and net outflows from major ETFs, such as BlackRock's IBIT. However, data shows an uptick in U.S. retail investor interest, evidenced by a higher bitcoin price premium on Coinbase and increased inflows from international exchanges to Coinbase.
Read More https://www.coindesk.com/markets/2024/08/30/bitcoin-drops-under-59k-as-btc-demand-wanes-blackrocks-ibit-logs-outflows-for-the-second-time/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The post "Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time" appeared first here Coindesk.com.
Source: Coindesk.com
