Bitcoin fell approximately 1.27% between October 9 and October 16, dropping from $82,546.32 to $81,500.80, while the Nasdaq-100 fell 5.49%, going from 30,883.15 to 29,187.55. Hedge funds cut technology positions at the fastest pace since at least 2016, according to Goldman Sachs prime brokerage data. US spot Bitcoin ETFs recorded net flows of $1.72 billion between September 21 and October 16, though the last two weeks saw net outflows totaling $907.3 million. On October 19, these same ETFs attracted $526.7 million in net flows, including $665.2 million into IBIT.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
