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XLM $0.1535 -2.44%
ZEC $505.33 -0.74%
BTC $64,104.83 +1.39%
ETH $1,895.23 +0.21%
BNB $600.83 -0.39%
XRP $0.9946 -0.26%
SOL $75.88 +0.78%
TRX $0.3327 -0.10%
DOGE $0.0698 -0.53%
ADA $0.1729 -0.95%
BCH $203.30 -0.59%
LINK $9.44 +0.44%
HYPE $59.45 +0.31%
AAVE $88.56 +3.03%
SUI $0.6470 -4.12%
XLM $0.1535 -2.44%
ZEC $505.33 -0.74%

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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