Source: CoinDesk
“Bitcoin (BTC) began the trading week down 3%, trading below $58,400, as the CoinDesk 20, a measure of the largest digital assets, was down 5%. BTC spent much of the weekend over $60,000 after favorable U.S. data fueled a rise late Friday. BTC exchange-traded funds (ETFs) listed in the U.S. recorded over $263 million in net inflows — the highest since July 22 — while ether ETFs recorded their second day of inflows since August 28 at $1.5 million. However, crypto markets slumped Monday as Asian exchanges opened for trading ahead of a key week where traders worldwide expect the Federal Reserve to make its first rate cuts in over four years.” (09/16/24)