BTC USD — Bitcoin Price and Chart

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BTCUSD chart

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U.S. spot Bitcoin ETFs saw $1.5 billion in outflows in four days, including a record $680 million. Despite this, Bitcoin funds increased by 6.48%, with total assets reaching $107.53 billion.

Bitcoin fell from $104,000 to $94,000 after breaking a rising wedge. Analysts say it must exceed the $98,000-$100,000 Fibonacci level to hit $107,000, with some predicting a drop to $90,000.

Matador Technologies will convert cash to USD and add Bitcoin to its treasury. Quantum BioPharma bought $1 million in Bitcoin for diversification. Rumble plans to invest up to $20 million in Bitcoin.

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About Bitcoin

Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class, and a huge step away from traditional, centrally controlled money. Today, many advocates believe Bitcoin will facilitate the next stage for the global financial system, although this — of course — remains to be seen.