Bitcoin (BTC) and ether (ETH) remained relatively stable during the first half of the Asia trading day due to public holidays in China, Hong Kong, and Korea. BTC is currently trading above $63,700, while ETH is trading above $2,600. Markets were also influenced by Federal Reserve Chair Jerome Powell's comments, suggesting that further rate cuts may not be imminent. In other news, BTC exchange-traded funds (ETFs) saw positive inflows, with BlackRock's IBIT leading in net inflow. PoliFi tokens, which include Trump-themed tokens such as MAGA, experienced strong gains as the U.S. election approaches. Additionally, the Swiss nonprofit BIO Association launched its public token sale, aiming to support decentralized scientific research.
- Content Editor ( coindesk.com )
- 2024-10-01
Bitcoin ETFs Continue Inflow Streak as BTC Remains Flat Amid China Holiday