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Crypto ended the week in a more buoyant state after weak U.S. jobs data reduced the chances of a Fed interest-rate increase and Uniswap gained on a link-up with Robinhood.
Bitcoin floats near $60K as spot ETF weekly outflows hit $1.79B amid Fed rate hike fears and an AI sell-off.
Bitcoin ETF flows refer to the movement of money into and out of bitcoin exchange-traded funds (ETFs). When investors buy ETF shares, new money enters the fund and creates an inflow. When investors sell shares and capital leaves the fund, an outflow occurs. Because most U.S. spot bitcoin ETFs hold a
Broadcom's disappointing AI chip outlook pulled the Nasdaq lower for a third session, dragged Asian equities down with it, and took crypto along for the ride.
