First Mover Americas: Bitcoin Stabilizes Amid Further ETF Outflows

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Jamie Crawley is a CoinDesk news reporter based in London.

BTC nudged upward toward $68,000 during the late European morning, an increase of 1.3% in the last 24 hours. Ether meanwhile rose around 0.2% to sit just under $3,550. The CoinDesk 20 Index , which measures the broader digital asset market, is about 0.25% higher in the last 24 hours. Attention will be on the CPI data, due today, from the U.S. and the outcome of the Federal Open Market Committee meeting, which will indicate the Fed's monetary policy.

The chart shows bitcoin has come under pressure since Friday, decoupling from Nasdaq, which has hit fresh record highs.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

 

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