{"id":594851,"date":"2024-11-05T10:01:46","date_gmt":"2024-11-05T10:01:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=594851"},"modified":"2024-11-05T10:01:46","modified_gmt":"2024-11-05T10:01:46","slug":"bitcoin-price-dips-to-68k-as-mt-gox-transfers-2-billion-btc-etf-outflows-surge-and-experts-say-consider-this-v2e-crypto-with-1326-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-dips-to-68k-as-mt-gox-transfers-2-billion-btc-etf-outflows-surge-and-experts-say-consider-this-v2e-crypto-with-1326-apy","title":{"rendered":"Bitcoin Price Dips To $68K As Mt Gox Transfers $2.2 Billion, BTC ETF Outflows Surge, And Experts Say Consider This V2E Crypto With 1,326% APY"},"content":{"rendered":"

The Bitcoin price edged up a fraction of a percent in the last 24 hours <\/span>to trade at $68,611<\/span><\/a> as of 03:28 a.m. EST on trading volume that surged 23% to $41.62 billion.<\/span><\/p>\n

This comes as Mt.Gox moved another $2.2 billion worth of Bitcoin on Monday, identified through wallets tracked by blockchain analytics firm<\/span> Arkham Intelligence<\/span><\/a>.<\/span><\/p>\n

Bitcoin briefly slid below $68,000 during Asian market trading but has since clawed back losses.<\/span><\/p>\n

Meanwhile, US spot Bitcoin ETFs (BTC ETF) reported $541 million in net outflows on Nov. 4, the second-largest daily outflow since launch in January. Fidelity’s FBTC recorded the highest outflows at $169 million.<\/span><\/p>\n

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🚨BREAKING: Yesterday, the Spot #Bitcoin<\/a> ETF had an outflow of $541.07 million, the second-largest outflow in its history.⚠️ pic.twitter.com\/iZTTRRlMHU<\/a><\/p>\n

— Dz_4L🐋 (@DZ_Trader4L) November 5, 2024<\/a><\/p><\/blockquote>\n