Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»Bitcoin hit a one-month low after ETF-led enthusiasm cooled.
EXCHANGE NEWS

Bitcoin hit a one-month low after ETF-led enthusiasm cooled.

By Crypto FlexsJanuary 21, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin hit a one-month low after ETF-led enthusiasm cooled.
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin recently fell to a one-month low after ETF-led enthusiasm cooled. The world’s largest cryptocurrency fluctuated around $40,000 before stopping at $40,843.

BTC gained 157% in value in 2023. This is mainly because the first US Bitcoin ETF fund was expected to launch on January 11th. Traders have also been betting on loose monetary policy over the past few months.

However, the ETF craze led by BTC appears to have eventually subsided. The cryptocurrency is trading at $41,358, down 10.42% over the past seven days. Given its volatile nature, traders scrutinize numerous things. Bitcoin future value prediction To make better investment decisions.

Regarding expert opinion, the co-founder of AltTab Capital commented on this phenomenon. According to Greg Moritz, this pattern of corrections following rapid execution is common in Bitcoin.

Nine spot Bitcoin ​​ETFs are already active, including Fidelity Investments and BlackRock Inc. Even the $25 billion Grayscale Bitcoin Trust converted from a closed-end structure to an ETF.

BlackRock surpasses $1 billion in investor flows for its iShares Bitcoin Trust. The Wise Origin Bitcoin Fund for Fidelity also reached a valuation of $880 million. The Bitcoin fund for Grayscale also saw outflows of $1.6 billion.

Therefore, the effects of Bitcoin ETF funds are clearly visible to companies. But it won’t be the same in the market. Nonetheless, BTC price predictions are very positive. Experts predict that Bitcoin will end up at around $57,000 by the end of 2024. Likewise, the largest cryptocurrency is expected to surpass $100,000 by the end of 2025.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Tapzi Presale Gains Traction with DeepSnitch AI and Bitcoin Hyper

October 27, 2025

Humanity protocol price rises by 70% with launch of sustainable digital ID

October 24, 2025

Bank of England to introduce stablecoin regulations by 2026

October 21, 2025
Add A Comment

Comments are closed.

Recent Posts

Bybit’s BbSOL Gains Institutional Custody Support From Anchorage Digital, Reinforcing Its Institutional-Grade Standing

October 30, 2025

OKX Ventures Invests in Accountability for Enhanced Financial Verification

October 30, 2025

Injective (INJ) Completes First Community Buyback Worth $32 Million

October 29, 2025

Whale.io Confirms First Airdrop For Crock Dentist NFT Holders

October 29, 2025

BTC And XRP Prices Fluctuate Dramatically. WOAHash Helps Holders Earn $9,900 In Daily Returns.

October 29, 2025

Acre Launches V2 Platform, Enabling Bitcoin Holders To Earn 14% APY (est.) From Self-Custody

October 29, 2025

BitcoinOS $BOS Token Is Live On Binance Alpha And Top Tier CEX Listings, Advancing Institutional BTCFi

October 29, 2025

MEXC Maintains Strong Financial Stability With Over 100% Proof Of Reserve Across Major Assets

October 29, 2025

Australia provides clarity on cryptocurrency regulation with new guidelines

October 29, 2025

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bybit’s BbSOL Gains Institutional Custody Support From Anchorage Digital, Reinforcing Its Institutional-Grade Standing

October 30, 2025

OKX Ventures Invests in Accountability for Enhanced Financial Verification

October 30, 2025

Injective (INJ) Completes First Community Buyback Worth $32 Million

October 29, 2025
Most Popular

Bitcoin hits $40,000 for first time since April 2022

December 4, 2023

LiFi Protocol Loses Over $8 Million in Cyber ​​Attack

July 17, 2024

Nigerian fintech startup Chipper Cash lays off US and UK employees

March 18, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.