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Crypto Bulls Lose $217M Amid Concern About Grayscale Outflows - CoinDesk

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“BTC is hovering above the $40,000–$42,000 zone, which is likely to act as short-term support,” said Rachel Lin, CEO and co-founder of Singapore-based SynFutures, in an email. “Overall, the past week can be summed up as the calm after the storm. The ETF mania phase is over, and the market is moving sideways, looking for the next trigger.”

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January 19, 2024 at 01:57PM
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Crypto Bulls Lose $217M Amid Concern About Grayscale Outflows - CoinDesk
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