At the time of writing, Bitcoin is trading at $41,380, down 3.04% in the last 24 hours.
If the price manages to go below $40,680 level, then it will likely test $37,690.
With its newly launched spot Bitcoin ETF, ARK Invest is continuing its migration away from the ProShares Bitcoin Strategy ETF (BITO). With the sale of 758,915 BITO shares for almost $15 million via its ARK Next Generation Internet ETF (ARKW) on January 18th, the business made a disclosure. ARK Invest had previously sold a comparable number of BITO shares and purchased ARKB shares on January 16th, in a similar arrangement.
Cathie Wood of Ark Invest emphasized in a recent twitter post that one of the main advantages of Bitcoin as an asset is the security that surrounds it. The world’s biggest computer network is backing Bitcoin, according to Cathie whose company currently operates an active spot Bitcoin ETF alongside 21Shares.
Key Support Level Broken
Yesterday, Bitcoin’s price continued its downward spiral, dropping
We współpracy z: https://thenewscrypto.com/bitcoin-breaks-below-key-support-as-price-faces-severe-sell-off/
