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Price predictions 8/4: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, XLM
Bitcoin bulls are trying to maintain the price above $115,000, but are facing stiff resistance from the bears. Maelstrom Fund chief investment officer Arthur Hayes said in a comment to a post on X that sluggish credit market and slowed job creation could sink BTC to $100,000 and Ether to $3,000. US spot BTC exchange-traded funds (ETFs) and ETH ETFs fund flows also showed cautiousness among traders. Bitcoin ETFs recorded net outflows of $812.25 million on Friday, and Ethereum ETFs saw $152.26 million in outflows, ending a 20-day inflow streak per SoSoValue data. However, the near-term uncertainty has not stopped ... (full story)
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