#Bitcoin risks weekly close below K on US BTC reserve disappointment

#Bitcoin risks weekly close below $82K on US BTC reserve disappointment

Bitcoin risks triggering $1.13 billion worth of cumulative leveraged long liquidations if it falls below the $82,000 price support. Bitcoin could face increased downside volatility if it closes the week below the key $82,000 support level as investor sentiment remains subdued following short-term disappointment in the US Strategic Bitcoin Reserve. President Donald Trump’s executive order,…

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#US Bitcoin reserve prompts 0 million in ETF outflows: Farside

#US Bitcoin reserve prompts $370 million in ETF outflows: Farside

Traders had a largely negative response to US President Donald Trump’s announcement. Bitcoin exchange-traded funds (ETFs) saw nearly $370 million worth of net outflows on March 7 as investors reacted to President Donald Trump’s plan for a US strategic Bitcoin reserve, according to data from Farside Investors.  The outflows indicate institutional investors are wary of…

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