Bitcoin and Ethereum prices have declined as ETF outflows and bear market signals intensify. BlackRock has reportedly transferred $330 million worth of Bitcoin and $11 million in Ethereum to Coinbase, suggesting potential sales. A report from CryptoQuant indicates that the Bitcoin Combined Market Index is below balance, while the fear and greed index suggests caution among investors. Although Bitcoin analysis points to a potential market shift, it has not yet reached historical lows.
Bitcoin and Ethereum Prices Decline Amid ETF Outflows
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
