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Bitcoin ETFs just erased a $5.7 billion hole, but profit-taking is swallowing the new demand

CryptoSlate
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Bitcoin ETFs just erased a $5.7 billion hole, but profit-taking is swallowing the new demand

A second large inflow met weak price follow-through. Dated fund reports and an earlier rise in profit taking leave the seller behind the move unidentified. The post Bitcoin ETFs just erased a $5.7 billion hole, but profit-taking is swallowing the new demand appeared first on CryptoSlate.

Key Takeaways

  1. A second large inflow met weak price follow-through.
  2. Dated fund reports and an earlier rise in profit taking leave the seller behind the move unidentified.
  3. The post Bitcoin ETFs just erased a $5.7 billion hole, but profit-taking is swallowing the new demand appeared first on CryptoSlate.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.