Bitcoin Struggles Amid Significant ETF Outflows

Reported about 14 hours ago

Bitcoin has experienced a significant drop, falling to $91,785 after previously reaching a high of $102,733, following a substantial outflow of $583 million from US Bitcoin ETFs, the second-largest since their launch. Factors such as heightened expectations for Federal Reserve rate cuts and the upcoming presidential inauguration are contributing to market volatility, with experts suggesting that clarity may come after Donald Trump's inauguration.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis