Bitcoin fällt nach makroökonomischem Gegenwind

tldr; Bitcoin experienced a sharp decline, dropping from $69,209 to as low as $64,673 before stabilizing around $66,000. This drop dragged other major cryptocurrencies down as well. The article also discusses the impact of ETF flows on Bitcoin’s price, noting a significant net outflow from combined ETFs, which contrasts with a previous uplift in Bitcoin’s price after a halt in net outflows. Additionally, it mentions the influence of macroeconomic factors, such as interest rates and quantitative tightening, on Bitcoin’s performance.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

It highlights the basic change of the market. Using macroeconomic variables like interest rates and inflation as well as ETF flows, it’s possible to gain important insights of the complex processes affecting Bitcoin’s performance.