Bitcoin Week in Review: A Failed Breakout at $81,000 and BlackRock’s $729 Million Week
Bitcoin fell 1.60% to $77,861.93 after failing above $81,000, while BlackRock's IBIT drew $729.4 million and the spot ETF inflow streak snapped.
Bitcoin fell 1.60% to $77,861.93 after failing above $81,000, while BlackRock's IBIT drew $729.4 million and the spot ETF inflow streak snapped.
Bitcoin slipped 0.58% to $63,971.97 as nine of twelve US spot ETFs posted redemptions, network hashrate rose 14.30%, and the macro calendar emptied out.
Bitcoin rose 1.18% to $64,590 as the BIP-110 fork stalled at two blocks, spot ETFs drew $853 million (strongest since mid-April), and CPI lands Wednesday.
Bitcoin fell roughly 13% the week of June 1, touching $59,168 before steadying near $63,000 as spot ETFs logged record outflows and the Fear and Greed Index dropped…
Bitcoin slid 7.17% to $71,714 as US spot ETFs logged the longest outflow streak on record, while long-term holder addresses hit an all-time high of 15.8 million.
Bitcoin tested $74,299, its lowest since mid-April, as spot ETFs shed another $1.26 billion and a hawkish Fed pivot capped a second risk-off week.