Markets· ★★★★· neutral·

Bitcoin ETF demand drops 96% as market awaits Friday's jobs report

  • —Bitcoin ETFs logged $3B in net inflows over nine straight days
  • —Daily demand fell from ~$1B to $31M, a 96% decline
  • —Short-term holders sent 45,054 BTC to exchanges in 24 hours
  • —Odds of a Fed pause rose to 57%, a rate hike sits at 42%
Why it matters: Friday's payrolls report will decide whether Bitcoin holds $80K or slides further amid cooling ETF demand.
#BTC
Source: AMBCrypto
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