Bitcoin rises, but some traders warn of a bearish turn, gold ETFs bleed $2.4B in 2024

It’s been another strong 24 hours for Bitcoin, and we’ve got the latest analysis for you, including why some traders are cautioning about the Bitcoin “euphoria.” Elsewhere, ERC-404 has a new rival (of sorts), and gold ETFs are hemorrhaging assets under management in 2024, but is it going into spot Bitcoin ETFs instead?

Further reading:

• BTC price due $55.4K next amid warnings over end of Bitcoin ‘euphoria’ — William Suberg
• Bitcoin bulls flirt with $69K BTC price target as crypto market nears $2T — William Suberg
• Watch out ERC-404, there’s another hybrid NFT standard in town — Jesse Coghlan
• Fake Curve Finance app listed on Apple Store — Zhiyuan Sun
• Gold ETFs bleed $2.4B so far in 2024 as Bitcoin ETFs hit record volumes — Martin Young

So, grab yourself a coffee, and let’s get into it!

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