“Uptober” Starts Green as Bitcoin ETFs Draw $134 Million

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U.S. spot Bitcoin ETFs drew 134.4 million dollars in net inflows to start October, with 102.7 million on Thursday and 31.7 million on Friday. These inflows follow a 148.7 million outflow on September 30, ending a nine-session inflow streak. Bitcoin briefly tested 87,173 dollars on Friday, close to its September high of 87,354 dollars, before pulling back to around 85,000 dollars. The U.S. jobs report showed only 29,000 positions added in September, with unemployment rising to 4.2 percent, cutting October rate-hike odds to 14 percent. Traders still give a 93 percent chance Bitcoin will not reach a new all-time high this year.

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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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