Bitcoin (BTC) and Ethher (ETH) prices have been in the market for a week. BTC started at over $115,000 last Monday, and ETH has approached $4,500 each at the time of this language.
These falls represent almost a decrease 5% for BTC and 11% for Ethereum’s native token From last Monday.
Among other things, the factors that fueled these moves were the actions of cash cited funds (ETFs) listed in the US.
Bitcoin to CashETF closed on Friday, September 26th $418 million net outingthere is no 12 funds to register your ticket. The only positive day was Wednesday 24, with revenues of $241 million.
Together, the balance was negative every week. Over $900 million retreat As you can see in the following image:
Meanwhile, the ether ETF accumulated net retreats for $248 million on Friday, and completed it Five-day spending total of approximately 800 million expenditures.
This departure pattern indicates that investors are reducing their exposure to BTC and ETH through these devices, at least in the short term.
These market movements are also linked to geopolitical contexts.
As reported by Cryptonoticia, European diplomats told the Kremlin that NATO was ready to respond firmly to new violations of the airspace.
The context As a result, more than $700 million was liquidated. Leverage position.
During the phase of international tensions and armed conflict, investors usually adopt a more cautious attitude, reducing exposure to assets that are considered greater risks, such as Bitcoin and cryptocurrencies.
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