Bitcoin Whales Capitalize as Novice Investors Pour Millions into ETFs Amid Market Downturn
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Bitcoin (BTC) kicked off the week with a downturn, currently trading at $54,404. The cryptocurrency's value fluctuated between $54,481 and $58,371 in the past day, experiencing an over 11% decrease since the start of the month. Crypto skeptic Peter Schiff noted that savvy investors are selling BTC on the spot market, taking advantage of the increased buying activity from novice investors pouring millions into ETFs despite the market's decline.
Source: en.coinotag.com ↗
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