fintech / news / / The Economic Times
Bitcoin consolidated near the $77,000 mark on Wednesday amid macro uncertainty.
Bitcoin ETFs saw single-day outflows of $648 million, erasing prior monthly inflow gains.
KEY POINTS
- Moody’s downgrade of the U.S. credit rating has pushed 30-year Treasury yields to a 17-year high.
- Nearly 60 whale addresses holding 10,000 or more Ethereum have fully emptied or consolidated balances.
- Ethereum spot ETFs recorded nearly $2 billion in net outflows between May 11–18.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →