Bitcoin Rally Cut Short as Profit-Taking Rises, US Demand Falls: CryptoQuant

Bitcoin’s recent rally stalled at a critical level, putting the top crypto asset in a position that has previously led to major downturns.
Source: decrypt.co

Bitcoin’s recent rally stalled at a critical level, putting the top crypto asset in a position that has previously led to major downturns.
Source: decrypt.co
Bitcoin spot exchange-traded funds drew $85.85 million in net inflows on June 12, the largest single-day in about 4 weeks. The reversal arrived on the same day SpaceX made its record Nasdaq debut. The inflow broke a five-session withdrawal streak that pulled roughly $727 million from the funds. BTC ETF Inflows Return After a Bruising…