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ETH $2,496.23 +0.34%
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XLM $0.1895 -0.18%
ZEC $1,170.44 +1.09%
BTC $78,607.62 -0.63%
ETH $2,496.23 +0.34%
BNB $752.09 +1.77%
XRP $1.43 +2.81%
SOL $103.97 +0.24%
TRX $0.3390 +1.36%
DOGE $0.0901 +0.45%
ADA $0.2235 +1.90%
BCH $259.01 -0.50%
LINK $12.72 -0.04%
HYPE $84.24 -1.00%
AAVE $129.65 -1.54%
SUI $0.8221 -0.01%
XLM $0.1895 -0.18%
ZEC $1,170.44 +1.09%

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

2024-09-06 20:27:29

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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