Following a recent high of $70,000, Bitcoin briefly fell below the $66,000 mark yesterday. This dip was triggered by the US government transferring about $2 billion worth of seized Bitcoin to another wallet, sparking fears of an impending sell-off. This event occurred just a day after presidential candidate Donald Trump announced plans to establish a government Bitcoin reserve.<\/p>\n\n\n\n
Last week also marked the conclusion of the first week of Ethereum ETFs trading, with a total net outflow of $340 million across all Ether ETFs combined. It is worth noting that while BTC fell more than 4% in the last 24 hours, ETH has been resilient, falling less than 1%.<\/p>\n","protected":false},"excerpt":{"rendered":"
Following a recent high of $70,000, Bitcoin briefly fell below the $66,000 mark yesterday. This dip was triggered by the US government transferring about $2 billion worth of seized Bitcoin to another wallet, sparking fears of an impending sell-off. This event occurred just a day after presidential candidate Donald Trump announced plans to establish a […]<\/p>\n","protected":false},"author":93,"featured_media":40455,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-41363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=41363"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41363\/revisions"}],"predecessor-version":[{"id":41366,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41363\/revisions\/41366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/40455"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=41363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=41363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=41363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}