Jadwiga Huston eLko

Someone dumped $1.29 billion of BlackRock's $BTC ETF in a single dark pool trade. No retail. This is an institution making a call. Bitcoin's ratio to gold has just broken its uptrend line after three months of outperformance. Gold #ETFs attracts inflows. Bitcoin ETFs are bleeding. Longer-term higher interest rates keep risk appetite low. In this environment, institutions transform into assets they trust. While this is happening, BingX has gold pairs and Bitcoin futures running in both directions. Macro trading has shifted. It's worth knowing your options. #BTC Price Analysis#TradersShiftBTCToStablecoins