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Bitcoin Price Drops as Goldman Sachs Increases ETF Holdings by 114%

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by A1

3 hours ago


The price of Bitcoin fell by 2.4% in the last 24 hours to $95,371, despite increased investment activity in ETFs by Goldman Sachs.

Current BTC Price Scenario

Bitcoin's price dropped even as Goldman Sachs increased its ETF holdings by 114%, investing in BlackRock iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund. BTC is trading at $95,426, below the 50-day SMA but above the 200-day, suggesting potential for future gains.

BTC Bull Token Presale

BTC Bull Token has gained market traction, raising over $856K within 48 hours of launch. Investors benefit from significant airdrop rewards and can earn high percentages from staking, with plans for token burns to increase value.

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- Web3 Wallet 'Best Wallet' surpasses $9.5M in presale. - Meme coins take over the market, pushing meme coin index to the forefront of investments. - KOMA surges 11% as interest in its ICO offering grows.

Despite market challenges and a price dip, the activity of major players like Goldman Sachs and interest in new tokens indicate continued investor interest in cryptocurrencies.

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