Bitcoin's Resilience Amidst ETF Outflows & Fed Hesitation

Bitcoins price remains robust around $67,000, defying challenges such as substantial outflows from Bitcoin ETFs and the Feds cautious stance on interest rates. Despite a $545 million outflow, Bitcoins value persists, potentially due to long-term holders confidence and new investors interest. The Feds hesitance on rate cuts also influences Bitcoins attractiveness. Future price movements hinge 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.