Bitcoin and Ether Face Losses Amid Strengthening Dollar Before U.S. Inflation Data
A looming U.S. inflation report could complicate the outlook for interest rates, affecting Bitcoin and Ether's performance.
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A looming U.S. inflation report could complicate the outlook for interest rates, affecting Bitcoin and Ether's performance.
In a contrasting trend, Bitcoin ETFs see significant inflows as Ether ETFs notice no market movement for the second time.
Recent geopolitical uncertainties have led to significant outflows from Bitcoin and Ether exchange-traded funds, with investors withdrawing millions over multiple days.
Bitcoin's brief surge above the $62,000 level was short-lived, as major altcoins like Ether, XRP, and ADA faced significant drops in value amidst a challenging market environment.
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