Bitcoin's drop below $80K may be brief due to upcoming STRC cycle. May ETF outflows hit $630M amidst plateauing demand.
The STRC stock of Strategy has been a key driver of mid-month Bitcoin surges since March. However, in May, there has been a slowdown in demand as Exchange-Traded Funds (ETFs) experienced outflows amounting to $630 million.
Source: Unusual Whales The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments