negative
Bitcoin Slips Further as Global Risk Sentiment Weakens
Bitcoin extended its decline to touch a fresh multi-week low as global investors turned risk-averse following renewed uncertainty around US rate cut timing. The cryptocurrency dropped amid sustained outflows from major ETFs and muted participation from institutional desks. Analysts said rising Treasury yields and weakness in tech stocks contributed to the broader selloff across digital assets.
Meanwhile, Ethereum held relatively stable as traders positioned for potential updates on ETF approval reviews. Volatility is expected to remain elevated through the week.
Reuters• By Pooja Kumari
Explore:Mutual Fund Screening
negative
Bitcoin Slips Further as Global Risk Sentiment Weakens
Bitcoin extended its decline to touch a fresh multi-week low as global investors turned risk-averse following renewed uncertainty around US rate cut timing. The cryptocurrency dropped amid sustained outflows from major ETFs and muted participation from institutional desks. Analysts said rising Treasury yields and weakness in tech stocks contributed to the broader selloff across digital assets.
Meanwhile, Ethereum held relatively stable as traders positioned for potential updates on ETF approval reviews. Volatility is expected to remain elevated through the week.
Reuters• By Pooja Kumari
Explore:Mutual Fund Screening
Breaking
negative
Bitcoin Slips Further as Global Risk Sentiment Weakens
1 min read
79 words
Bitcoin fell to a multi-week low as risk sentiment weakened globally, ETF outflows persisted, and concerns around delayed US rate cuts weighed on digital asset demand.
Bitcoin extended its decline to touch a fresh multi-week low as global investors turned risk-averse following renewed uncertainty around US rate cut timing. The cryptocurrency dropped amid sustained outflows from major ETFs and muted participation from institutional desks. Analysts said rising Treasury yields and weakness in tech stocks contributed to the broader selloff across digital assets.
Meanwhile, Ethereum held relatively stable as traders positioned for potential updates on ETF approval reviews. Volatility is expected to remain elevated through the week.
Bitcoin extended its decline to touch a fresh multi-week low as global investors turned risk-averse following renewed uncertainty around US rate cut timing. The cryptocurrency dropped amid sustained outflows from major ETFs and muted participation from institutional desks. Analysts said rising Treasury yields and weakness in tech stocks contributed to the broader selloff across digital assets.
Meanwhile, Ethereum held relatively stable as traders positioned for potential updates on ETF approval reviews. Volatility is expected to remain elevated through the week.
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crypto
bitcoin
crypto
bitcoin
ethereum
digital assets