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Bitcoin Falls Below $62,000 After 14% Weekly Decline, Wintermute Cites ETF Outflows
Bitcoin fell below $62,000 last week after a weekly decline of about 14%, according to Wintermute. According to NS3.AI, Wintermute said the disclosed sale of 32 BTC by Michael Saylor was negligible.
Wintermute attributed the main pressure to U.S. institutional position reductions and outflows from spot Bitcoin ETFs.
Wintermute attributed the main pressure to U.S. institutional position reductions and outflows from spot Bitcoin ETFs.
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