š Crypto Market Update:
- Bitcoin is holding steady above $90,000 after a recent dip, influenced by Fed Chair Powell's comments on interest rates. The market is now eyeing a potential rate cut in December, with odds dropping to 66%.
- Bitcoin ETFs experienced significant outflows, totaling $400 million, as investors possibly took profits. Notably, BlackRock's ETF bucked the trend with $126.5 million in inflows.
- XRP surged 17%, driven by a favorable U.S. regulatory environment and optimism around a potential crypto-friendly administration.
š¬ What are your thoughts on the current crypto market trends? Share in the comments!
