Bitcoin has shown resilience following a significant whale-induced flash crash, with its price stabilizing between $111,375 and $112,000. The crash, triggered by a sell-off of 24,000 BTC, resulted in a $45 billion market value loss. However, Bitcoin's recovery is supported by $219 million in ETF inflows on August 25, reflecting continued institutional confidence.
In other developments, MAGACOIN FINANCE is gaining momentum in the presale market, attracting investors with its transparent development and KYC-verified team. This emerging DeFi project presents a promising opportunity for early-stage growth as Bitcoin continues to dominate the market.
Bitcoin Rebounds After Whale Sell-Off; MAGACOIN FINANCE Presale Gains Traction
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.