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BTCUSD and ETHUSD Momentum Fades Amid ETF Outflows and Geopolitical Risk

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Geopolitical uncertainty and a divided Federal Reserve have dampened risk sentiment for crypto assets.
  • Analysts at Block Scholes note that momentum indicators have peaked, and outflows from spot ETFs signal waning investor demand for both Bitcoin and Ethereum.
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BTCUSD price history

77342.03 +14.66% over the displayed period

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