BTC’s Three-Day Winning Streak Ends Amid ETF Flows
The Bitcoin Fear & Greed Index’s retreat to the Greed zone reflects the interplay between investor sentiment, the Fed’s influence, and BTC market dynamics.
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Key Insights:
BTC declined by 0.93% on Saturday, ending the session at $51,697.
US producer prices and BTC-spot ETF market data for Friday likely contributed to the loss.
On Sunday, BTC-spot ETF market-related chatter and sentiment toward Fed rate cuts could influence investor sentiment.
BTC Ends a Three-Day Winning Streak
On Saturday, BTC declined by 0.93%. Reversing a 0.45% gain from Friday, BTC ended the session at $51,697. Significantly, BTC ended a three-day winning streak.
