Signs of Weaker Risk Sentiment Evident in Bitcoin, Ethereum -- Market Talk

Dow Jones05-29 18:58

1058 GMT - Evidence of weakening risk sentiment are apparent in bitcoin and ethereum amid continued geopolitical uncertainty and a more divided Federal Reserve, analysts at crypto firm Block Scholes say in a note. Block Scholes' risk appetite index for both assets is no longer at a level that suggests more upward momentum, they say. There is also waning demand for spot bitcoin and ethereum exchange traded funds with outflows in recent days, they say. Bitcoin rises 0.1% to $73,575 after reaching a six-week low of $72,502 Thursday, LSEG data show. Ether drops 0.1% to $2,009 after hitting a two-month low of $1,967 Thursday. (renae.dyer@wsj.com)

 

(END) Dow Jones Newswires

May 29, 2026 06:58 ET (10:58 GMT)

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