Bitcoin falls 9%, dropping below $42K amidst concerns about GBTC flows
Prices fell significantly on Friday despite general optimism around Bitcoin ETFs.
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The global crypto market cap is $1.68 trillion, with a 24-hour volume of $78.46 billion. The price of Bitcoin is $42,862.98, and BTC market dominance is 49.9%. The price of Ethereum is $2,558.22, and ETH market dominance is 18.3%. The best-performing sector is Gambling, which gained 7%. The Crypto Fear & Greed Index is currently Greed (64).
Top News
Bitcoin falls 9%, dropping below $42K amidst concerns about GBTC flows
Prices fell significantly on Friday despite general optimism around Bitcoin ETFs.
Gensler calls Bitcoin ETFs ‘ironic’ due to their centralized nature, responds to Warren
SEC Chair Gary Gensler emphasizes respect for legal rulings in approving Bitcoin ETFs, despite calling their centralized nature ironic.
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His tweet, discussing insights from trader Larry Williams, marked a departure from his earlier bullish comments on Bitcoin.
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