Bitcoin fell below $77,000 on May 19, forcing $657 million in liquidations as hot inflation data and Iran tensions converged against an overleveraged market.
Tag: Bitcoin
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Bitcoin ETFs pass $100 billion in assets as BTC breaks $80,000
US spot Bitcoin ETFs have now exceeded $100 billion in total net assets, with BlackRock’s IBIT alone holding roughly 809,000 BTC — about 7 percent of total circulating supply — as four consecutive days of institutional inflows lifted the token above $80,000 in early May.