The Bitcoin landscape has changed after the latest FOMC meeting in the US! 🎢 Although investors have withdrawn from ETFs, on-chain data shows that they are returning to BTC.
Fed Chair Powell said that there may be no rate cut in 2025. This statement has turned investors away from risky assets. However, net inflows into ETFs reached $908.1 million on January 3.
The Coinbase Premium Index has also recovered, showing that US investors are turning to BTC again. 📈