Bitcoin’s Rollercoaster Ride: $52.8M Outflows from Spot ETFs Amid Fed Rate Cut! 🚀
Hey Binance Fam! 🌟
Big news in the crypto world! Bitcoin has seen a whopping $52.8 million outflow from Spot ETFs. This comes hot on the heels of the Federal Reserve’s bold move to slash rates by 50 basis points. 💥
But wait, there’s more! Despite these outflows, Bitcoin’s price soared by 3.03%, hitting a high of $62,138! 📈 This surprising twist has sparked a heated debate among investors. Some see the rate cut as a golden opportunity for economic growth, while others remain cautious. 🤔
What do you think? Is this the calm before the storm, or the start of a new bull run? 🐂💸
Stay tuned and keep your eyes on the market! 👀💹