Story thread · 2 reports / 2 sources

Bitcoin Just Took a $390 Million Hit: A JPMorgan Warning From April Explains Why

beincrypto.com · 6h · first report

Bitcoin just absorbed a $390 million shock, and a warning JPMorgan issued back in April explains why. Institutions pulled that sum out of spot Bitcoin ETFs last week as oil spiked and the Strait of Hormuz stayed shut. The Bitcoin price is holding near $63,500 despite the exit, yet the selling traces a clean line The post Bitcoin Just Took a $390 Million Hit: A JPMorgan Warning From April Explains Why appeared first on BeInCrypto .

The coverage

  1. Bitcoin tracks equity bounce, but $390 million ETF outflow week keeps bulls on back foot

    coindesk.com · 3h

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