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Crypto News Today: Coinbase Upgrades, Downgrades, and the Motion to Dismiss

From fxempire.com

BTC declined by 0.40% on Sunday. Partially reversing a 0.90% gain from Saturday, BTC ended the week up 1.09% to $42,061. Significantly, BTC ended a two-week losing streak. A downward trend in GBTC outflows contributed to a BTC recovery from sub-$40,000. However, net inflows for the BTC-spot ETF market drove buyer demand for BTC on Friday, delivering gains for the week. GBTC outflows declined from a week high of $640.50 million (Trading Day 7) to a Friday low of $255.1 million (Trading Day 11). Significantly, the BTC-spot ETF market registered net inflows of $14 million on Friday, ending a four-day losing streak. ... (full story)

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  • Category: Fundamental Analysis