Cryptocurrencies Price Prediction: Bitcoin, Cryptos & ETFs – American Wrap 09 January

US court approves sale of $6.5b silk road Bitcoin
A U.S. court approves the sale of $6.5 billion in seized Silk Road Bitcoin, closing a major legal battle and marking the largest crypto seizure yet.
Bitcoin Price Forecast: BTC falls below $94,000 as over $568 million outflows from ETFs
Bitcoin (BTC) continues to edge down, trading below the $94,000 level on Thursday after falling more than 5% this week. Bitcoin US spot Exchange Traded Funds (ETFs) recorded an outflow of over $568 million on Wednesday, showing signs of decreasing demand. Moreover, CryptoQuant data shows that reducing stablecoin inflows weakens buying pressure and hints at further decline in Bitcoin price.

Portugal bank blocks crypto transfers amid tightening EU rules
Portugal’s BiG Bank blocks transfers to crypto platforms, citing EU compliance, sparking debate over the nation’s shifting stance on digital assets.
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