Bitcoin Flirts With $65,000 on Powell Pivot, Streak of ETF Flows

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Bitcoin Flirts With $65,000 on Powell Pivot, Streak of ETF Flows

Bloomberg08-26

Fed Chair Powell’s rate-cut signal lifted a range of assetsUS Bitcoin ETFs achieved a seven-day run of net inflowsBitcoin touched $65,000 for the first time in about three weeks, aided by reviving ...

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rk8684
·08-27
Uhhjn . 。。就。 Nkk。
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rk8684
·08-27
Y6 5 h 7uuu cs4
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The cryptocurrency advanced 7.4% last week, the sharpest increase for such a period since mid-July.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1c5660d3f328984ae890803eba04036d\" alt=\"\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p>Fed Chair Jerome Powell on Friday gave the clearest indication yet that the central bank is on course to cut benchmark rates from a more than two-decade high, portending a more favorable liquidity backdrop for global markets.</p><p>Powell’s signal spurred a $252 million net inflow — the highest in more than a month — into a group of one dozen US spot-Bitcoin ETFs the same day, data compiled by Bloomberg show. The funds have attracted inflows for seven straight days.</p><p>“All eyes are on the Fed,” said Cici Lu McCalman, founder of blockchain adviser Venn Link Partners, adding that a September rate cut may boost Bitcoin.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bad4ffd63376d2e54decc89dbd12cb87\" alt=\"\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p>Unlike the Bitcoin portfolios, a group of US spot-Ether ETFs suffered a net outflow on Aug. 23. Ether was on the back foot on Monday, dropping as much as 1.7%. Other major tokens were little changed.</p><p>Toncoin, a token from a blockchain linked to messaging app Telegram, nursed losses after the latter’s co-founder Pavel Durov was detained in France.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Flirts With $65,000 on Powell Pivot, Streak of ETF Flows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Flirts With $65,000 on Powell Pivot, Streak of ETF Flows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-26 14:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-08-26/bitcoin-btc-flirts-with-65-000-on-powell-pivot-streak-of-etf-flows?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed Chair Powell’s rate-cut signal lifted a range of assetsUS Bitcoin ETFs achieved a seven-day run of net inflowsBitcoin touched $65,000 for the first time in about three weeks, aided by reviving ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-08-26/bitcoin-btc-flirts-with-65-000-on-powell-pivot-streak-of-etf-flows?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"MicroStrategy Incorporated","COIN":"Coinbase Global, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2024-08-26/bitcoin-btc-flirts-with-65-000-on-powell-pivot-streak-of-etf-flows?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166204500","content_text":"Fed Chair Powell’s rate-cut signal lifted a range of assetsUS Bitcoin ETFs achieved a seven-day run of net inflowsBitcoin touched $65,000 for the first time in about three weeks, aided by reviving demand for dedicated US exchange-traded funds amid signs that the Federal Reserve is set to loosen monetary policy.The largest digital asset rose 1.2% to $65,030 on Monday before dipping back to $64,000 as of 1:35 p.m. in Singapore. The cryptocurrency advanced 7.4% last week, the sharpest increase for such a period since mid-July.Fed Chair Jerome Powell on Friday gave the clearest indication yet that the central bank is on course to cut benchmark rates from a more than two-decade high, portending a more favorable liquidity backdrop for global markets.Powell’s signal spurred a $252 million net inflow — the highest in more than a month — into a group of one dozen US spot-Bitcoin ETFs the same day, data compiled by Bloomberg show. The funds have attracted inflows for seven straight days.“All eyes are on the Fed,” said Cici Lu McCalman, founder of blockchain adviser Venn Link Partners, adding that a September rate cut may boost Bitcoin.Unlike the Bitcoin portfolios, a group of US spot-Ether ETFs suffered a net outflow on Aug. 23. Ether was on the back foot on Monday, dropping as much as 1.7%. Other major tokens were little changed.Toncoin, a token from a blockchain linked to messaging app Telegram, nursed losses after the latter’s co-founder Pavel Durov was detained in France.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":342977952207072,"gmtCreate":1724753215070,"gmtModify":1724754255173,"author":{"id":"4179149917641082","authorId":"4179149917641082","name":"rk8684","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4179149917641082","authorIdStr":"4179149917641082"},"htmlText":"Y6&nbsp; &nbsp;5 h&nbsp; &nbsp; &nbsp;7uuu&nbsp; &nbsp; cs4&nbsp;","listText":"Y6&nbsp; &nbsp;5 h&nbsp; &nbsp; &nbsp;7uuu&nbsp; &nbsp; cs4&nbsp;","text":"Y6 5 h 7uuu cs4","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342977952207072","repostId":1166204500,"repostType":2,"repost":{"id":"1166204500","pubTimestamp":1724654625,"share":"https://ttm.financial/m/news/1166204500?lang=&edition=fundamental","pubTime":"2024-08-26 14:43","market":"us","language":"en","title":"Bitcoin Flirts With $65,000 on Powell Pivot, Streak of ETF Flows","url":"https://stock-news.laohu8.com/highlight/detail?id=1166204500","media":"Bloomberg","summary":"Fed Chair Powell’s rate-cut signal lifted a range of assetsUS Bitcoin ETFs achieved a seven-day run of net inflowsBitcoin touched $65,000 for the first time in about three weeks, aided by reviving dem","content":"<html><head></head><body><ul style=\"\"><li><p>Fed Chair Powell’s rate-cut signal lifted a range of assets</p></li><li><p>US Bitcoin ETFs achieved a seven-day run of net inflows</p></li></ul><p>Bitcoin touched $65,000 for the first time in about three weeks, aided by reviving demand for dedicated US exchange-traded funds amid signs that the Federal Reserve is set to loosen monetary policy.</p><p>The largest digital asset rose 1.2% to $65,030 on Monday before dipping back to $64,000 as of 1:35 p.m. in Singapore. The cryptocurrency advanced 7.4% last week, the sharpest increase for such a period since mid-July.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1c5660d3f328984ae890803eba04036d\" alt=\"\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p>Fed Chair Jerome Powell on Friday gave the clearest indication yet that the central bank is on course to cut benchmark rates from a more than two-decade high, portending a more favorable liquidity backdrop for global markets.</p><p>Powell’s signal spurred a $252 million net inflow — the highest in more than a month — into a group of one dozen US spot-Bitcoin ETFs the same day, data compiled by Bloomberg show. The funds have attracted inflows for seven straight days.</p><p>“All eyes are on the Fed,” said Cici Lu McCalman, founder of blockchain adviser Venn Link Partners, adding that a September rate cut may boost Bitcoin.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bad4ffd63376d2e54decc89dbd12cb87\" alt=\"\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p>Unlike the Bitcoin portfolios, a group of US spot-Ether ETFs suffered a net outflow on Aug. 23. Ether was on the back foot on Monday, dropping as much as 1.7%. Other major tokens were little changed.</p><p>Toncoin, a token from a blockchain linked to messaging app Telegram, nursed losses after the latter’s co-founder Pavel Durov was detained in France.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Flirts With $65,000 on Powell Pivot, Streak of ETF Flows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Flirts With $65,000 on Powell Pivot, Streak of ETF Flows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-26 14:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-08-26/bitcoin-btc-flirts-with-65-000-on-powell-pivot-streak-of-etf-flows?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed Chair Powell’s rate-cut signal lifted a range of assetsUS Bitcoin ETFs achieved a seven-day run of net inflowsBitcoin touched $65,000 for the first time in about three weeks, aided by reviving ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-08-26/bitcoin-btc-flirts-with-65-000-on-powell-pivot-streak-of-etf-flows?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"MicroStrategy Incorporated","COIN":"Coinbase Global, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2024-08-26/bitcoin-btc-flirts-with-65-000-on-powell-pivot-streak-of-etf-flows?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166204500","content_text":"Fed Chair Powell’s rate-cut signal lifted a range of assetsUS Bitcoin ETFs achieved a seven-day run of net inflowsBitcoin touched $65,000 for the first time in about three weeks, aided by reviving demand for dedicated US exchange-traded funds amid signs that the Federal Reserve is set to loosen monetary policy.The largest digital asset rose 1.2% to $65,030 on Monday before dipping back to $64,000 as of 1:35 p.m. in Singapore. The cryptocurrency advanced 7.4% last week, the sharpest increase for such a period since mid-July.Fed Chair Jerome Powell on Friday gave the clearest indication yet that the central bank is on course to cut benchmark rates from a more than two-decade high, portending a more favorable liquidity backdrop for global markets.Powell’s signal spurred a $252 million net inflow — the highest in more than a month — into a group of one dozen US spot-Bitcoin ETFs the same day, data compiled by Bloomberg show. The funds have attracted inflows for seven straight days.“All eyes are on the Fed,” said Cici Lu McCalman, founder of blockchain adviser Venn Link Partners, adding that a September rate cut may boost Bitcoin.Unlike the Bitcoin portfolios, a group of US spot-Ether ETFs suffered a net outflow on Aug. 23. Ether was on the back foot on Monday, dropping as much as 1.7%. Other major tokens were little changed.Toncoin, a token from a blockchain linked to messaging app Telegram, nursed losses after the latter’s co-founder Pavel Durov was detained in France.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":7,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}