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    Home»Latest News»Bitcoin Trades at $109K as U.S. ETF Demand Fades and Powell’s Tone Af
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    Latest News

    Bitcoin Trades at $109K as U.S. ETF Demand Fades and Powell’s Tone Af

    Bpay NewsBy Bpay News2 months agoUpdated:October 31, 20251 Min Read
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    Bitcoin is trading at $109,000 as demand for U.S. exchange-traded funds (ETFs) diminishes, with Federal Reserve Chair Jerome Powell’s hawkish comments impacting risk assets. The fading demand for Bitcoin ETFs in the U.S. has contributed to fluctuations in market activity. Investors are responding to Powell’s recent remarks, which indicate a more cautious approach to monetary policy. This tone has led to a reassessment of risk within financial markets. The interaction between Bitcoin’s performance and regulatory developments highlights the current landscape of cryptocurrency trading. Concerns over interest rate hikes continue to shape investor sentiment, influencing both traditional and digital asset markets.

    Bitcoin demand ETF Powell Risk Assets
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