Live updates: Bitcoin rises to $64,000 as SK Hynix opens for trade after $26.5 billion IPO
AI Summary
Bitcoin surged to $64,000 amid a significant rally, while SK Hynix made a notable entry into the market following its $26.5 billion IPO. Despite this bullish trend, institutional investments in crypto ETFs saw outflows, with bitcoin funds losing $95 million and ether funds shedding roughly $52 million on Thursday. This shift indicates a potential cooling in institutional interest despite the price hike, highlighting the volatile nature of crypto investments.
Original Source
Read the full article at Coindesk →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.