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🔥Bitcoin ETFs fall due to dispute between Trump and Musk 👀
The spot ETFs of #bitcoin in the United States were affected along with market sentiment, due to the dispute between President #DonaldTrump and billionaire #ElonMusk .
After a positive streak between June 3 and 4, suddenly the spot Bitcoin ETFs in the United States experienced outflows again on June 5, totaling $278 million.
These outflows coincided with the change in the fear and greed index of #Criptomonedas , shifting from "greed" to "fear" on June 6, as a response to the latest dispute carried out on social media by Donald Trump and Elon Musk. On the other hand, traditional markets were also affected, with Tesla dropping 14% and Trump Media (DJT) falling 8%.
Meanwhile, the price of Bitcoin is recovering from yesterday's drop; however, other altcoins like ETH and BNB are still down.
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$BTC
The spot ETFs of #bitcoin in the United States were affected along with market sentiment, due to the dispute between President #DonaldTrump and billionaire #ElonMusk .
After a positive streak between June 3 and 4, suddenly the spot Bitcoin ETFs in the United States experienced outflows again on June 5, totaling $278 million.
These outflows coincided with the change in the fear and greed index of #Criptomonedas , shifting from "greed" to "fear" on June 6, as a response to the latest dispute carried out on social media by Donald Trump and Elon Musk. On the other hand, traditional markets were also affected, with Tesla dropping 14% and Trump Media (DJT) falling 8%.
Meanwhile, the price of Bitcoin is recovering from yesterday's drop; however, other altcoins like ETH and BNB are still down.
👉More crypto updates ...
Share and follow me for more 👈😎
$BTC
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