Bitcoin price recovers slightly after a weekend dip, hovering around $95,000. Major institutions, including Metaplanet and El Salvador, continue to accumulate Bitcoin despite the price correction.
Bitcoin price struggles around $95,000 after erasing gains from Friday’s relief rally over the weekend. Bitcoin’s weekly price chart posts the first major decline since President-elect Donald Trump’s win in November. Spot ETF s see large volume outflows while Metaplanet spends nearly $60 million to buy the Bitcoin dip. A Bitcoin strategic reserve could represent 35% of the US national debt by 2049 if the country acquires 1 million BTC tokens, VanEck says.
Bitcoin (BTC) hovers around $95,000 on Monday after losing the progress made during Friday’s relief rally. The largest cryptocurrency hit a new all-time high at $108,353 on Tuesday but this was followed by a steep correction after the US Federal Reserve (Fed) signaled fewer interest-rate cuts than previously anticipated for 2025. Spot Bitcoin ETFs recorded large outflows to the tune of nearly $950 million on the last two days of the week. Bitcoin slips to $95,000, institutions buy the dip Bitcoin has erased nearly 12% of its value from its all-time high and hovers around the $95,000 level on Monday. Some big players in the industry have decided to add to their holdings amid the recent price decline. Japanese investment firm Metaplanet Inc. said on Monday that it spent nearly $60 million to buy 620 BTC. The government from El Salvador also accumulated 29 BTC over the past week, pushing its Bitcoin reserve to 5,995 BTC, worth over $560 million, according to Lookonchain data. The El Salvador government is ramping up its $BTC accumulation! Over the past week, El Salvador purchased 29 $BTC($2.84M), bringing its total holdings to 5,995 $BTC($562M). Institutional demand saw whipsaw moves last week. Spot ETFs poured $1.4 billion in Bitcoin at the beginning of last week, but pulled nearly $950 million out in the last two days as the sharp correction unfolded. The Bitcoin fear and greed index at Alternativ
BITCOIN PRICE INSTITUTIONS BUYING ETF
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Price (BTC) Declines 5% to $95K; Ether Price (ETH) Down 10%.Bitcoin was an outperformer, but still lower by 5% over the past 24 hours to just above $95,000.
Read more »
Bitcoin Price Analysis: FOMO Traders Beware, BTC's 'High-Wave' Price Action Points to ConfusionBTC's latest price action signals considerable confusion in the market in a shift away from the recent dominance of the bulls.
Read more »
This killer translucent keyboard kit is on sale for $95The wired Omnitype Bauer Lite is a barebones, 65 percent mechanical keyboard that comes in a bunch of great colors. And it’s on sale for Black Friday this week.
Read more »
71% off: This $329 Calphalon espresso machine is just $95 on Black FridayStan Horaczek is the executive gear editor at Popular Science. He oversees a team of gear-obsessed writers and editors dedicated to finding and featuring the newest, best, and most innovative gadgets on the market and beyond.
Read more »
Omnitype Bauer Lite Keyboard Now $95 in Black Friday SaleThe Omnitype Bauer Lite, a favored keyboard this year, is discounted to $95 during the ongoing Black Friday sale. Known for its vibrant colors and customizable build, it includes a detailed manual and requires additional components such as keycaps and switches.
Read more »
Save $95 on the PlayStation 5 Slim Console + Extra PlayStation 5 DualSense Wireless Controller during WalmartDuring Walmart’s Black Friday Deals event, shoppers can get the PlayStation 5 Slim Console + Extra PlayStation 5 DualSense Wireless Controller for $474.98 shipped.
Read more »