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Bitcoin (BTC) News Today: Monday’s Outlook Tied to FOMC Speeches and ETF Flows
Bitcoin (BTC) gained 0.11% on Sunday. Following a 1.57% rise on Saturday (May 4), BTC ended the session at $63,998. There were no crypto market news events to influence buyer demand for BTC on Sunday. Nevertheless, it was a relatively choppy session, with BTC moving over a $1,500 price range. Uncertainty about the demand for US BTC-spot ETFs likely limited the gains for Sunday. Before the US Jobs Report and ISM Services PMI, the US BTC-spot ETF market experienced its longest net outflow streak, spanning seven sessions. Despite total net inflows of $378.3 million on Friday (May 3), the US BTC-spot ETF market saw total ... (full story)