Three critical US reports arrive in 30 minutes as Bitcoin’s $2.5 billion ETF streak faces its first real test

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U.S. spot Bitcoin ETFs recorded seven consecutive positive inflow sessions totaling $2.57 billion from Aug. 17 through Aug. 25. BlackRock’s IBIT accounted for 90.5% of the latest session’s total flows, with $284.4 million out of $314.3 million. Three U.S. economic reports are scheduled for simultaneous release at 8:30 a.m. ET: the PCE inflation index, the second estimate of second-quarter GDP, and July durable-goods orders. Bitcoin traded near $78,508, down about 2% over 24 hours but up roughly 22.8% over seven days. The outcome will determine whether sustained ETF demand can support Bitcoin if inflation or growth data prove hotter than expected alongside rising yields and a firmer dollar.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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