Faster global financial news!
Bitcoin could put average ETF buyer back in losses this week
A decline of about 2.2% from current levels would push Bitcoin to $81,722, which Bloomberg ETF analyst James Seyffart estimated on September 21 as the average Bitcoin ETF holder's cost basis. Seyffart had noted that the recent rally had put these holders back in profit. The price action around this level will be closely watched, especially with the release of US inflation data on Wednesday. Separately, a September 9 Glassnode report placed another ETF-complex break-even point near $86,000, while analyst Axel Adler Jr. calculated Bitcoin's 365-day moving average at $80,500 on September 22.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
FVT Coin: Finance.Vote Project Positioning, Market Status, and Risk Analysis
-
2
OKX Exchange: Official Download Channels, Platform Evolution, and Global Compliance Overview
-
3
Global Outlook for Virtual Currencies and Mainland China's Regulatory Stance
-
4
Porsche will refocus its strategy on internal combustion engine (ICE) vehicles, planning to launch an ICE version of the Macan in 2028, due to a 40% decline in electric Macan sales in the first half of the year and cost pressures.
-
5
KROME and KROM Token Analysis: Project Status and Future Development Prospects
-
6
U.S. EV electricity consumption growth slows in 1H26
-
7
France's 10-Year Bond Risk Premium Rises to 120 Basis Points
-
8
When asked by French newspaper La Croix if she would be a candidate for the French presidency, European Central Bank President Christine Lagarde said: "That's not a good idea at all."
-
9
TXT Coin Analysis: What's the Difference Between Taxa Token (TXT) and TEXITcoin (TXC)?
-
10
Wallstreetcn: An anomaly has appeared in the crude oil market, with funds aggressively buying put options despite high oil prices.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
