Topic: #market-analysis
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BlackRock Transfers 8,700 ETH to Coinbase Amid Ethereum ETF Outflows
BlackRock moved 8,700 ETH to Coinbase Prime on July 9 as its ETHA ETF experienced outflows. The transfer coincided with broader Ethereum ETF net outflows of $52.08 million, signaling ambiguous institutional positioning ahead of Q3.
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Bitcoin at $73K: $71K support test looms as downside risk emerges
Bitcoin is trading near $73,000 as traders debate whether the February low of $60,000 marked a market bottom. Analyst Michael van de Poppe says the token faces a critical support test at $71,000, with potential downside to $65,000 if that level breaks.