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via CoinDesk · By CoinDesk Staff
ETF flows, not Strategy's sale, remain key bitcoin driver: Citi
BTC
BTC/USDT
$63,008.57
-0.07%
$63,008.57
-0.07%
(24s)24h Volume
$2,192,868,863.13
24h H/L
$63,175.00 / $62,946.58
Change: $228.42 (0.36%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0020%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(01:29 PM UTC)
1 min read
Bitcoin'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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