Bitcoin Dips Below $59K Despite $436M Net ETF Inflows Last Week

Although the digital asset market experienced a significant reversal last week, with inflows reaching $436 million, Bitcoin (CRYPTO: BTC BTC - $62761.576 is down to $58,700 in early Monday morning trading. What Happened: After a prolonged period of outflows amounting to $1.2 billion, a shift in sentiment has reignited confidence in Bitcoin, which saw $436 million in inflows, ending a 10-day streak of outflows, according to Coinshares.

Source: benzinga.com

Related symbols: BTCUSD

2024-09-16 11:58:03 GMT.

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Price & Market Data

Price: $62761.576

Volume 24h: $43,779,868,842.81

Market Cap: $1,239,936,523,306.20

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.