🔥 Evening roundup: Bitcoin hit a wall, institutions are carving up the market
📉 $83K held firm again
Bitcoin bounced off resistance at $83K, despite attempts by Nasdaq futures and China’s GDP growth to push the market higher. Sellers at this level are clearly on alert.
💰 Strategy buys more without panicking
The company added 267 BTC and repurchased $193M worth of STRC, raising its buyback limit to $3 billion. Its average entry price is $75,446.
📤 ETFs lose millions
Bitcoin and Ethereum ETFs lost $549M over the week, while outflows from ETH funds in October nearly reached $1 billion. Whales decided to cool off a little.
🏦 JPMorgan chooses Ethereum
JPM Coin is moving to the Ethereum network—a sign that ETH is becoming infrastructure for institutions, not just a speculative asset.
⚠️ Stock tokenization hits a snag
Eight more companies, including Broadcom and Verizon, have opted out of the OKX-ICE project.
$BTC $ETH
#Bitcoin #Ethereum #Crypto
📉 $83K held firm again
Bitcoin bounced off resistance at $83K, despite attempts by Nasdaq futures and China’s GDP growth to push the market higher. Sellers at this level are clearly on alert.
💰 Strategy buys more without panicking
The company added 267 BTC and repurchased $193M worth of STRC, raising its buyback limit to $3 billion. Its average entry price is $75,446.
📤 ETFs lose millions
Bitcoin and Ethereum ETFs lost $549M over the week, while outflows from ETH funds in October nearly reached $1 billion. Whales decided to cool off a little.
🏦 JPMorgan chooses Ethereum
JPM Coin is moving to the Ethereum network—a sign that ETH is becoming infrastructure for institutions, not just a speculative asset.
⚠️ Stock tokenization hits a snag
Eight more companies, including Broadcom and Verizon, have opted out of the OKX-ICE project.
$BTC $ETH
#Bitcoin #Ethereum #Crypto