BITCOIN HITS 3-WEEK HIGH ON ETF INFLOWS, RATE CUT BETS
Bitcoin climbs to $110,279, a three-week high, as ETF inflows continue and macro worries ease, Saxo Bank notes. A US-Vietnam trade deal and softer ADP data boosted rate cut hopes, lifting risk appetite. Institutional demand stays strong with BlackRock’s bitcoin ETF and iShares’ new ethereum ETF seeing gains. Meanwhile, Ripple has applied for a US banking license as crypto firms push into mainstream finance.The copyright of this article belongs to the original author/organization.
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