Good morning Crypto Insiders, in this article we present a summary of the most relevant events in the crypto world that took place last night.
This means you can quickly catch up on the latest developments. More detailed articles on these themes will appear on Crypto Insiders throughout the day.
Bitcoin and crypto funds see hundreds of millions leaving
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Altcoin news
Bitcoin recovers, AI crypto soars
Bitcoin (BTC) was able to close the week in the green for the first time since March. The recovering price is accompanied by recovering market sentiment.
For the time being, however, the $64,500 appears to offer too much resistance for a further recovery. Meanwhile, the coins of AI projects are rising like rockets. Read more about this in the price update this morning.
Bitcoin ETFs Break Down Trend
Bitcoin already started to rise towards the weekend, accompanied by a recovery in inflows into the new US bitcoin ETFs.
The stock market saw a net outflow for seven trading days in a row, but last Friday we saw a break from the trend and finally a net inflow again. A whopping $378.3 million flowed into Bitcoin ETFs on May 3.
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