Bitcoin loves to surprise and confuse, and despite a litany of predictions that BTC was about to slide to the $40,000 range, it has instead solidified $54,000 as a strong support level and started moving in the other direction. On today’s episode, our market experts give you the latest analysis on BTC before breaking down the recent spot Bitcoin ETF performance woes and why it’s not as bad as it looks. In other news, a leaked Chainalysis video suggests Monero transactions may be traceable, and there are some wild statistics about the SEC’s enforcement actions against crypto companies.
Further reading:
- Bitcoin price shows strength above its recent lows — Here’s why
- Bitcoin ETFs record combined $1.2B in outflows in 8 days
- Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
- Leaked Chainalysis video suggests Monero transactions may be traceable
- SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023