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ZEC $411.57 +2.58%
BTC $60,171.12 +2.63%
ETH $1,618.94 +2.65%
BNB $551.19 +0.86%
XRP $1.06 +1.99%
SOL $77.23 +4.94%
TRX $0.3173 +0.66%
DOGE $0.0729 +0.94%
ADA $0.1532 +5.76%
BCH $212.90 +6.80%
LINK $7.37 +2.24%
HYPE $63.59 -2.25%
AAVE $85.55 +0.26%
SUI $0.7125 +2.51%
XLM $0.1995 +7.83%
ZEC $411.57 +2.58%

Analyst: U.S. non-farm data may not boost Bitcoin market sentiment

2024-09-06 20:27:29
Collection

ChainCatcher news, according to The Block, BRN analyst Valentin Fournier stated that Bitcoin exchange-traded funds are experiencing significant capital outflows, with a total outflow of $900 million over the past week. The upcoming U.S. non-farm payroll employment report may not boost market sentiment, although increased volatility could create opportunities for a trend reversal.

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