‼️Why Bitcoin is dumping?
US investors are reportedly selling #Bitcoin ETFs to get into the #Anthropic IPO.
Nearly $2.35 BILLION worth of Bitcoin ETFs have been sold so far this month.
We saw something similar during the #SpaceX IPO in June. Money moves to the next big thing, and crypto takes a temporary hit.
Such dips have historically created some of the best buying opportunities.
$ANTHROPIC
$SPCX
$BTC
US investors are reportedly selling #Bitcoin ETFs to get into the #Anthropic IPO.
Nearly $2.35 BILLION worth of Bitcoin ETFs have been sold so far this month.
We saw something similar during the #SpaceX IPO in June. Money moves to the next big thing, and crypto takes a temporary hit.
Such dips have historically created some of the best buying opportunities.
$ANTHROPIC
$SPCX
$BTC
