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blockchain crypto cryptocurrency support 60K (SpotedCrypto)

Aggressive buying occurs after BTC plunge... $60,000 support holds. It was a positive correction.

As Singapore-based crypto trading firm QCP Capital notes, "BTC plunged sharply after hitting a new all-time high, with over $1 billion in longs liquidated on Binance alone. The $60,000 support level proved to be solid as aggressive buying came in. We see this pullback as a good opportunity

blockchain crypto cryptocurrency Institutional investors are returning (SpotedCrypto)

Institutional investors are returning to the crypto market, spurred by the launch of the BTC Spot ETF.

According to The Block, a recent report from Nickel Digital Asset Management, a London, UK-based digital asset investment firm, predicts that "institutional investors will increase their crypto investments this year." "Three out of four institutional investors currently investing in crypto plan to increase their crypto investments and

blockchain crypto cryptocurrency btc etf beating gold etf (SpotedCrypto)

Beating Gold? Bitcoin Spot ETF, IBIT, Hits $1 Billion in First Hour Despite Sharp Dip

BlackRock's bitcoin spot ETF, IBIT, surpassed $1 billion in trading volume within an hour of the market opening on Friday (local time). BTC hit a new all-time high against the dollar around midnight ET on the 6th, but was quickly followed by a short-term pullback and is currently

blockchain crypto cryptocurrency feer greed index 75 btc 69K (SpotedCrypto)

Bitcoin hits $69K, but be careful with investments due to high volatility After touching $59.7K, it also gained 2.44% in 5 minutes.

At the time of writing, Bitcoin is currently trading in the mid-$63K range, with the Fear-Greed Index at 75, down 15 points from the previous day. The deterioration in sentiment shifted the index from extreme greed to greed. The index is a measure of extreme fear in the market,

blockchain crypto cryptocurrency minor selling btc plunge price (SpotedCrypto)

BTC Plunge Triggered by Spontaneous Miner Selling?

Coindesk analyzes that BTC's breakout from its all-time high ($69,000) was triggered by a flurry of selling by early miners, which increased the downward pressure on BTC's price. Shortly before BTC's post-peak plunge to $62,000, a deposit of 1,000 BTC ($69

blockchain crypto cryptocurrency AQR Capital invest BTC (SpotedCrypto)

Mega hedge fund AQR Capital "is making a small indirect investment in bitcoin in an affiliated fund".

According to DL News, Cliff Asness, founder of the largest US hedge fund AQR Capital, told X: "We allocate 20% of our QMHIX fund's risk assets to alternative asset trend followers. While the definition of an alternative asset trend can be arbitrary, cryptocurrency (bitcoin) certainly falls into

blockchain crypto cryptocurrency btc etf news (SpotedCrypto)

What You Need to Know About Bitcoin Spot ETFs

Ten bitcoin spot ETFs, including Grayscale GBTC, held around 700,000 BTC, according to Glassnode data. Meanwhile, Grayscale announced via its official channels that "assets under management across our crypto family of products (trusts) have surpassed $40 billion." As of April 4, Grayscale manages cryptocurrency trusts including BAT,