🚀 Bitcoin Rollercoaster! 🚀
- Bitcoin surged past $102,000, sparking optimism, but quickly fell 5.7% amid rising U.S. bond yields and Fed rate expectations.
- Spot Bitcoin ETFs saw a sharp 94% drop in inflows, totaling just $52.9M on Jan. 7.
- BlackRock's IBIT was the only ETF with positive inflows, while ARK, Grayscale, and Fidelity faced significant outflows.
- Investors eye Fed meeting minutes and nonfarm payroll data for market clues.
What are your thoughts on Bitcoin's wild ride? Share in the comments! 📈💬