Bitcoin ETF Outflows and Fed Uncertainty Drive Cryptocurrency Market Decline
1 min read
The cryptocurrency market has suffered significant setbacks, marking its second-worst weekly performance of 2024. Data from Bloomberg indicates that the top 100 digital assets fell a collective 5% last week, the steepest decline since April. This downturn coincides with a decrease in demand for Bitcoin-related exchange-traded funds (ETFs) and lingering uncertainty regarding the U.S. Federal The post Bitcoin ETF Outflows and Fed Uncertainty Drive Cryptocurrency Market Decline appeared first on Coin Edition .
Source: Coin Edition
