Bitcoin (CRYPTO: BTC) is oscillating around $90,000 as spot Bitcoin ETFs face heavy outflows, prompting speculation about a possible downward spiral.
BTC Holds Firm Despite ETF Stress
CryptoQuant noted that $87,000 is close to the average cost basis for ETF investors at $86,600 and has become a critical psychological pivot.
Holding above this price supports investor confidence and helps stabilize flows.
A sustained move below it may risk accelerating redemptions as the remaining profit buffer disappears and breakeven turns into losses.
Since peaking …Full story available on Benzinga.com
White House Kickstarts Campaign to Pass Clarity Act In Senate: Is a Crypto Rebound At Play?
...
Read moreDetails
