BlackRock’s iShares BTC ETF saw $1.1 billion in outflows in the last 48hrs. Spot BTC ETF saw broader net outflows over $1bn. Last week Fed's day to hold interest rates but FOMC hawk. On cue, selling in crypto, equities & gold. Led by BTC prices below $90k. Pressuring SBTC prices. SOL facing SBTCP pressures. Velocity ahead
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BlackRock’s iShares BTC ETF saw $1.1 billion in outflows in the last 48hrs. Spot BTC ETF saw broader net outflows over $1bn. Last week Fed's day to hold interest rates but FOMC hawk. On cue, selling in crypto, equities & gold. Led by BTC prices below $90k. Pressuring SBTC prices. SOL facing SBTCP pressures. Velocity ahead