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BTC $60,975.09 -1.86%
ETH $1,562.03 -5.91%
BNB $574.57 -2.51%
XRP $1.08 -2.78%
SOL $62.57 -5.21%
TRX $0.3196 -1.78%
DOGE $0.0814 -2.88%
ADA $0.1558 -4.26%
BCH $218.34 -1.48%
LINK $7.32 -3.14%
HYPE $59.44 -4.06%
AAVE $61.28 -7.03%
SUI $0.7020 -1.26%
XLM $0.1991 +5.30%
ZEC $358.43 +17.19%

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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