Key Takeaways
Geographically, the US drove over $2 billion of the total inflows, followed by Germany, Switzerland, Canada, and the Netherlands.
These gains coincided with Bitcoin’s climb to $97,500, its highest level since last November. However, geopolitical friction over Greenland and renewed threats of international tariffs have since weakened the market’s bullish outlook.
Analysts at CoinShares highlight a shift in investor confidence following signals that Kevin Hassett, a leading candidate for Fed Chair, will likely remain in his current role.
At the time of writing, Bitcoin is trading above $93,000, per CoinGecko. While this represents a slight recovery from yesterday’s slump to $91,910, the asset remains down approximately 2% over the last 24 hours.
About Author
Geographically, the US drove over $2 billion of the total inflows, followed by Germany, Switzerland, Canada, and the Netherlands.
These gains coincided with Bitcoin’s climb to $97,500, its highest level since last November. However, geopolitical friction over Greenland and renewed threats of international tariffs have since weakened the market’s bullish outlook.
Analysts at CoinShares highlight a shift in investor confidence following signals that Kevin Hassett, a leading candidate for Fed Chair, will likely remain in his current role.
At the time of writing, Bitcoin is trading above $93,000, per CoinGecko. While this represents a slight recovery from yesterday’s slump to $91,910, the asset remains down approximately 2% over the last 24 hours.
About Author
