EconomyBitcoin ETFs lose $463 million as Fed puts $75,000 support at risk
US spot Bitcoin ETFs recorded $462.7 million in weekly outflows, ending three weeks of heavy demand. With hotter inflation, rising Treasury yields and a Federal Reserve meeting ahead, sustained redemptions could weaken the buying pressure supporting Bitcoin and make $75,000 harder to defend. Evidence remains insufficient that ETF investors have abandoned the rally.
Bitcoin ETFs lose $463 million as Fed puts $75,000 support at risk
Economy