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ETF flows, not Strategy's sale, remain key bitcoin driver: Citi
BTC
BTC/USDT
$64,430.01
+0.44%
$64,430.01
+0.44%
(24s)24h Volume
$4,540,454,741.33
24h H/L
$64,599.95 / $63,810.00
Change: $789.95 (1.24%)
Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate
+0.0000%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(01:29 PM UTC)
1 min read
1268 views
0 commentsBitcoin's lack of fresh investors matters more than Strategy's sale, Citi says
Strategy's unloading of bitcoin may have rattled markets, but Citi said the bigger issue for BTC is a missing bid from new buyers.
Strategy's (MSTR) recent bitcoin BTC$66,881.93 sale has had an outsized impact on market sentiment, but Wall Street bank Citi does not see the move as changing the company's long-term…
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