Posted by @petruske
23 Sep, 2024
Bitcoin Dominates Inflows Amid Fed Rate Cut Hopes
September saw a surge in Bitcoin inflows, totaling $436 million as investors speculated on a potential Federal Reserve rate cut. This shift highlights a renewed confidence in Bitcoin, contrasting with continued outflows in Ethereum products, which lost $19 million. The landscape hints at a market pivot back towards Bitcoin as the preferred asset amid economic uncertainty.