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Crypto

ETF Exits Threaten Bitcoin's Fragile Price Surge

Guavy AI Editorial Team
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BTC
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Bitcoin's price surge above $86,000 has been threatened by massive ETF capital exits. According to reports, Strategy and Strive have purchased $183 million in Bitcoin as part of their treasury trade strategy.

The firm's decision to buy into the market comes after a $148 billion US liquidity shock failed to break markets, causing Bitcoin to shatter the $80,000 barrier.

Meanwhile, Moscow Exchange has launched five crypto perpetual futures, with demand reaching 600 billion rubles. This development is seen as a positive sign for the cryptocurrency market.

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