US Bitcoin and Ether ETFs Rebound as Powell Signals Rate Cuts

US Bitcoin and Ether ETFs rebound as Powell signals rate cuts - WorldNL Magazine

US spot Bitcoin and Ether exchange-traded funds (ETFs) saw inflows on Tuesday as Federal Reserve Chair Jerome Powell hinted further rate cuts may come before year-end. Spot Bitcoin (BTC) ETFs saw $102.58 million in net inflows, rebounding from a $326 million outflow a day earlier, according to data from SoSoValue. Fidelity’s Wise Origin Bitcoin Fund (FBTC) led gains with $132.67 million in inflows, while BlackRock’s iShares Bitcoin Trust (IBIT) …

Bitcoin & Ether ETFs Surge Amid Powell’s Rate Cut Hints

The cryptocurrency landscape remains dynamic as investor sentiment shows signs of recovery amid hints of potential U.S. Federal Reserve rate cuts. Following comments from Federal Reserve Chair Jerome Powell suggesting a slowdown in monetary tightening, crypto markets, including Bitcoin and Ethereum ETFs, experienced notable inflows. This renewed interest highlights growing confidence in digital assets as macroeconomic factors influence investor …

Bitcoin, Ether ETFs Rebound as Powell Signals Rate Cuts | The New York Ledger

United States area Bitcoin and Ether exchange-traded funds (ETFs) saw inflows on Tuesday as Federal Reserve Chair Jerome Powell hinted additional rate cuts might come before year-end. Area Bitcoin (BTC) ETFs saw $102.58 million in net inflows, rebounding from a $326 million outflow a day previously, according to information from SoSoValue. Fidelity’s Wise Origin Bitcoin Fund (FBTC) led gains with $132.67 million in inflows, while BlackRock’s iSh…

US Bitcoin and Ether ETFs rebound as Powell signals rate cuts

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Bitcoin Price Rebounds to $112,000 as US Fed Chair’s Comments Spark Hope of Rate Cuts

After a brief sell-off, the crypto market saw renewed stability as traders reacted to Federal Reserve Chair Jerome Powell’s comments suggesting potential rate easing. Bitcoin recovered to the $112,000 mark (roughly Rs. 98.9 lakh), while Ethereum hovered near $4,000 (roughly Rs. 3.5 lakh). Analysts said Powell’s remarks helped restore optimism, despite lingering concerns over global trade tensions and inflationary pressures.

Jerome Powell’s Dovish Shift Sparks Bitcoin Rally Amid Fed Rate Cut Expectations

Federal Reserve Chair Jerome Powell has signaled a dovish turn in monetary policy, emphasizing rising risks in the U.S. labor market a move that has fueled optimism for another Fed rate cut this month and triggered a rebound in Bitcoin prices. Speaking at the Annual Meeting of the National Association for Business Economics, Powell noted that the outlook for employment and inflation has remained largely unchanged since September. This suggests t…