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ZEC $510.10 +3.63%
BTC $64,121.09 +1.44%
ETH $1,895.65 +0.07%
BNB $602.29 -0.16%
XRP $0.9923 -0.81%
SOL $75.31 +0.06%
TRX $0.3310 -0.26%
DOGE $0.0698 -0.29%
ADA $0.1719 -2.41%
BCH $203.05 -0.75%
LINK $9.39 -1.04%
HYPE $59.14 +1.14%
AAVE $87.88 +1.63%
SUI $0.6693 -0.85%
XLM $0.1560 -1.19%
ZEC $510.10 +3.63%

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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