• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin's Volatility Increases Amid Rising Yields and ETF Outflows

user avatar

by Giorgi Kostiuk

a year ago

Bitcoin has faced increased volatility due to a combination of economic factors, including rising U.S. Treasury yields, outflows from spot ETFs, and the Department of Justice's plans for asset liquidation.

Impact of Rising Treasury Yields on Bitcoin

Treasury yields have risen to 4.79%, indicating tighter financial conditions. This diverts investor interest away from risk assets like Bitcoin, contributing to selling pressure.

ETF Outflows and Their Consequences

In the past two days, spot Bitcoin ETFs recorded outflows of $718 million, further pressuring BTC prices. Large outflows indicate cautious investor sentiment amid macroeconomic uncertainties.

U.S. DOJ's Plans for Asset Liquidation

The U.S. Department of Justice plans to liquidate Bitcoin worth $6.5 billion. This could temporarily flood the market, exacerbating downward pressure on BTC.

Despite the current decline, Bitcoin shows resilience due to long-term investor confidence and supportive crypto regulation. These factors may create favorable conditions for future growth.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Market Sentiment Improves Amid Economic Uncertainty

chest

Recent remarks by former US President Donald Trump at the World Economic Forum in Davos have contributed to improved market sentiment, particularly following his clarification that the United States does not intend to pursue military action regarding Greenland.

user avatarDiego Alvarez

G4 Token Set to Enhance Digital Economic Ecosystem

chest

The G4 Token will serve as a core component of a digital economic ecosystem with various utilities for holders.

user avatarKenji Takahashi

Global SKC Capital Announces IEO for G4 Token

chest

Global SKC Capital announces the IEO for the G4 Token amid rising market interest and economic uncertainty.

user avatarGustavo Mendoza

SKC Capital Projects Growth for G4 Token Post-IEO

chest

SKC Capital projects continued growth for the G4 Token following the completion of the IEO, anticipating significant price appreciation over the next 12 months.

user avatarMaria Fernandez

Wells Fargo and Bank of America Expect No Rate Cuts

chest

Wells Fargo and Bank of America analysts predict that the Federal Reserve will not implement rate cuts in the near future, citing strong economic indicators.

user avatarMiguel Rodriguez

Vincent Van Code Highlights XRP Burn Dynamics

chest

Vincent Van Code presents a simulation showing that XRP burn rates could significantly exceed current projections as network adoption increases.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.