Bitcoin Holds Steady Despite ETF Outflows

Bitcoins price remains robust around $67,000, defying expectations amidst ETF outflows and Fed caution. Despite a $545 million outflow from Bitcoin ETFs, the cryptocurrency maintains its ground, hinting at strong underlying support. This resilience could be attributed to long-term holders, new investors, positive crypto news, and the Feds cautious stance on interest rates. The future of Bitcoin hinges on ETF flows, Fed decisions, and market sentiment.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.