Bitcoin loses today, sliding to $110k as profit-taking drives the price of major cryptocurrency lower, with significantly weaker US ETF inflows. Investors focus more on Ethereum, second-largest cryptocurrency, where volumes and activity across the US ETFs is much larger than Bitcoin now, signalling that risk appetite on the crypto market did not wane, but rather changed into more 'risky' cryptocurrencies, not only BTC.
BITCOIN (H1)
The price tests today a lower band of declining price channel, near $110k. Short-term trend signals weakening sentiments across the largest cryptocurrency.
Source: xStation5
While Bitcoin falls, Ethereum is moving up, however from all-time high the price of ETH also dropped almost 8%.
Source; xStation5
Daily Summary: Middle East Sparks Oil Market
Crypto up 4 % despite tension📈
Crypto news: Bitcoin gains despite sell-off on global markets amid oil spike 📈
Bitcoin loses the momentum again 📉Ethereum slides 5%
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
