Bitcoin Tops $61K Before Powell’s Jackson Hole Speech as Ether ETFs Face...

Bitcoin Tops $61K Before Powell’s Jackson Hole Speech as Ether ETFs Face Record Outflows

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Source: Coindesk.com

Bitcoin has been mostly trading between $59,000 and $61,000, with traders eyeing the Jackson Hole meeting for potential market-moving comments. Most major cryptocurrencies were little changed, while ADA and AVAX experienced notable gains. While U.S. bitcoin ETFs, particularly BlackRock's IBIT, continue to see inflows, ether ETFs are facing significant outflows, reflecting bearish sentiment toward products

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The post "Bitcoin Tops $61K Before Powell's Jackson Hole Speech as Ether ETFs Face Record Outflows" appeared first here Coindesk.com.

Source: Coindesk.com

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