Bitcoin Price Breakout May Hinge on US Debt Fears: Coinshares
Key Takeaways Crypto fund flows cooled after $11.1 billion arrived since mid-July. Expanded Treasury buyback limits remain in effect through Nov. 4. Bitcoin ETFs lost $487.07 million on Oct. 7 as buying weakened. U.S. Debt Fears Put Bitcoin’s Monetary Role in Focus Concerns about U.S. public finances could attract investment into assets outside government control,…
