Bitcoin's $60K Drop Driven by $5.4B ETF Redemptions Since May 12, Not Strategy Sales
According to CoinDesk, since May 12 when the U.S. released higher-than-expected April CPI data, Bitcoin's decline below $60,000 has been primarily driven by $5.4 billion in net redemptions from U.S. spot Bitcoin ETFs, according to 10x Research founder Markus Thielen. During the same period,
BTC0.49%
GateNews·06-08 14:52
