Bitcoin Turns Slightly Lower Amid Inflation Concerns, Iran War — Market Talk
-
Bitcoin turns slightly lower in the wake of Tuesday's higher-than-expected U.S. wholesale inflation data and the ongoing stalemate between the U.S. and Iran. However, falls are limited as bitcoin is supported by institutional demand, Block Scholes crypto analysts say in a note. Spot bitcoin exchange-traded funds are seeing just over $1 billion in net flows in the month to date, showing investor appetite remains strong in the face of macroeconomic headwinds, they say. Meanwhile, there is no obvious event risk priced in by bitcoin or altcoin options ahead of the Senate Banking Committee on Thursday considering legislation that aims to establish a regulatory framework for digital assets, they say. Bitcoin falls 0.2% to $79,543, LSEG data show. (renae.dyer@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260514005226:0/
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Registrer Logg inn