Bitcoin reclaims $74K as spot ETF demand clashes with BTC miner sell pressure
4.71%BTC$74,433 4.62%XLM$0.1553 3.03%TRX$0.3203 0.08%XMR$347.54 1.43%DOGE$0.09348 2.42%BCH$434.88 2.11%ADA$0.2445 2.49%BNB$616.19 3.44%ETH$2,365 7.22%SOL$85.99 4.70%HYPE$44.63 6.89%XRP$1.36 2.99%USD Written by Marcel Pechman,Staff WriterReviewed by Ray Salmond,Staff EditorBitcoin reclaims $74K as spot ETF demand clashes with BTC miner sell pressure5 hours agoBitcoin rallied above $74,000 after the Monday stock market close, but derivatives data show that some traders remain bearish. Despite strong ETF inflows, Bitcoin remains tied to the S&P 500 and sensitive to global macroeconomic developments. Bitcoin futures premiums and miner selling suggest that the bear market persists despite Bitcoin trading above $74,000. Bitcoin (BTC) reclaimed the $74,000 level on Monday following slight gains in the S&P 500 index after US President Donald Trump ordered a US blockade of the Strait of Hormuz. T
Source: https://cointelegraph.com/news/bitcoin-reclaims-dollar74k-as-spot-etf-demand-clashes-with-btc-miner-sell-pressure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
