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Bitcoin ETFs See Record $1.3B Inflows on Trump Win, Fed Rate Cuts

Home Press Releases Crypto News Coindesk Bitcoin ETFs See Record $1.3B Inflows on Trump Win, Fed Rate Cuts
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BTC trades above $76,000 in Asian morning hours Friday, up nearly 10% over the past week. In line with analyst expectations, the Federal Reserve cut rates by 25 basis points on Thursday in a move that typically supports risk assets like bitcoin by increasing liquidity and weakening the dollar.

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Author: Shaurya Malwa

Coindesk

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  • PreviousBlackrock’s Bitcoin ETF draws record $1.1 billion single-day inflow

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