Bitcoin Poised for Considered one of Its Worst Weeks in 2024 Amid ETF Demand Downturn
[ad_1] Bitcoin has skilled a decline of over 10% from its current all-time excessive, reflecting a decrease in interest for newly established spot Bitcoin exchange-traded funds (ETFs). Strategists at JPMorgan Chase and Co. have cautioned that this pullback may proceed. The group of 10 spot Bitcoin ETFs is presently witnessing its largest weekly outflow since its introduction on January 11. Concurrently, Bitcoin, the world’s largest cryptocurrency, is on observe for