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Home»Market»Bitcoin hovers around $58,500 as historically bearish September begins
Market

Bitcoin hovers around $58,500 as historically bearish September begins

September 3, 2024No Comments
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Bitcoin has fluctuated around $58,000 amid a generally quiet market on Labor Day in the United States The largest cryptocurrency was trading around $58,600 at the time of writing, up about 1% in 24 hours. The broader digital asset market was up 0.9%, according to data from CoinDesk Indices, with ETH and SOL gaining about 1.9% and 0.5%, respectively. U.S.-listed exchange-traded funds (ETFs) tracking BTC saw total net outflows of $175 million on Friday, extending a losing streak to four days. Ether ETFs saw no net inflows or outflows despite trading volume of $173 million, according to data tracked by SoSoValue.



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