Bitcoin's drop below $64,000 triggers $209 million in long positions liquidation. Market downturn affects Ethereum and top cryptos. Hong Kong's ETF approval and Bitcoin halving event contribute to fluctuations.
Xu LinCrypto market sees first weekly outflow in seven weeks: $942 million withdrawn, attributed to Grayscale Bitcoin Trust (GBTC) outflows. Despite new Bitcoin ETFs attracting $1.1 billion, Grayscale records $2 billion outflow. Ethereum also sees slight outflow. Market correction accompanies Bitcoin's price drop to $67,126.98.
EdmundMicroStrategy’s Bitcoin holdings have surpassed $11 billion and its shares are likely to rise on increased institutional Bitcoin demand and the cryptocurrency’s halving, Benchmark said.
JinseFinanceMarkets now expect the Fed could institute consecutive 0.75 percentage point rate hikes in November and December.
OthersLatest data from Glassnode shows that the number of Ethereum validators observed a significant increase this month, adding 11.4k to the total.
BitcoinistFrom August 29, 2022 to September 4, 2022, investment and financing information worthy of attention in the global encryption market
CointelegraphThe most valuable crypto stories for Thursday, Sept. 1, 2022.
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NulltxAfter being sold at a minting price of 2.5 ETH on April 16, the floor price of Moonbirds also quickly rose to 18.45 ETH.
CointelegraphAfter selling for a mint price of 2.5 ETH on Saturday, the floor price of Moonbirds has also quickly risen to 18.45 ETH.
Cointelegraph