Bitcoin ETF Inflows Plunge 94% Amidst Soaring Bond Yields and Hawkish Fed Expectations
Analysis of Bitcoin ETF Inflows and Macroeconomic Pressures The recent slump in Bitcoin ETF inflows, with a 94% drop to $52.9 million on January 7, is a clear indication of the impact of macroeconomic pressures on the cryptocurrency market. This significant decline follows a surge in Bitcoin’s price past $102,000, which was short-lived due to…