Cryptocurrency News Today TheBitTimes.com

BlackRock’s iShares Bitcoin Trust (IBIT), the largest U.S. spot Bitcoin ETF, recorded two consecutive days of redemptions this week as Bitcoin tumbled below $105,000.  According to ETF flow tracker data shared by HeyApollo co-founder Thomas Fahrer, IBIT sold 272 BTC on October 15 and another 272 BTC on October 16, bringing its two-day outflow to 544 BTC, worth around $57 million at current prices. Blackrock Sells 272 Bitcoin Mild outflows, as BTC price dips Blackrock holds 804,800 BTC pic.twitter.com/Sh1gqKeIAN — Thomas Fahrer (@thomas_fahrer) October 17, 2025 Despite the redemptions, IBIT’s holdings remain enormous. The fund still controls approximately 804,800 BTC, cementing its dominance among U.S. spot ETFs and making it the single largest institutional vehicle for Bitcoin exposure. Bitcoin price crash The mild outflows came as Bitcoin itself endured one of its sharpest drawdowns in months. The cryptocurrency’s market capitalization fell...

The cryptocurrency market experienced a significant crash from August 27 to 28, liquidating thousands of traders mainly from long positions. Bitcoin (BTC) and Ethereum (ETH) led the liquidations among other cryptocurrencies, totaling over $333 million lost in 24 hours. Finbold retrieved data from CoinGlass on Wednesday morning (UTC), showing the damage from these liquidation events in a surprising crash. Essentially, 92,360 crypto traders were liquidated for $333.95 million in the last 24 hours. In particular, 82.8% were long-position traders who lost over $276.59 million from their bullish bets. The largest single liquidation happened on Binance, with the ETH/BTC pair for $12.67 million lost as ETH crashed. Picks for you Here’s why Bitcoin price is crashing 1 hour ago ...