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Bitcoin (BTC) News Today: BTC Gains Amid US Political Winds and ETF Flows
On Sunday (June 9), bitcoin (BTC) advanced by 0.43%. Reversing a 0.06% loss on Saturday (June 8), BTC ended the week up 2.79% to $69,684. Significantly, BTC ended its three-day losing streak. Investor concerns about the Fed interest rate trajectory took a backseat on Sunday. US BTC-spot ETF market flow trends countered the effects of a hotter-than-expected US Jobs Report on market risk sentiment. Furthermore, US Republican Party support for crypto likely contributed to the Sunday gains. US President Donald Trump recently signaled his support for crypto, making the US digital asset space a political talking point. ... (full story)
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- Posted: Jun 10, 2024 1:13am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 354
