With the interest rate cut already on the table, what other fundamental factors are influencing the bitcoin market behind the scenes?

Federal Reserve Chairman Powell gave a very clear signal at the Jackson Hole Symposium last Friday: the Fed is about to lower the benchmark interest rate from its highest point in over 20 years, which indicates a more favorable liquidity backdrop in the global market. The data from spot ETF fund inflows shows that this strong signal has stimulated a net inflow of $0.252 billion into the US stock bitcoin ETF, marking the highest level in over a month and attracting capital inflows to more than a dozen US spot bitcoin ETFs. These ETFs have seen capital inflows for seven consecutive days. The net inflows of ETF funds have helped to strengthen bitcoin. August 24.

Futu NewsAug 26 19:04

Rate cut expectations ignite enthusiasm! The net inflow of funds in bitcoin spot ETF hits a one-month high.

All eyes are on the Federal Reserve, and the interest rate cut in September may boost Bitcoin.

wallstreetcnAug 26 17:06

Fed rate cut expectations + ETF inflows surged, and bitcoin touched $65,000 for the first time in three weeks.

Bitcoin prices touched $65,000 for the first time in about three weeks, benefiting from signs indicating that the Fed will loosen monetary policy, leading to a resurgence in demand for the US spot Bitcoin ETF.

Zhitong FinanceAug 26 15:33

Express News | Hong Kong stocks, cryptos, spot ETFs collectively strengthened, with Bosera Bitcoin, Huaxia Bitcoin, and Jiashi Bitcoin up nearly 5%, while Huaxia Ethereum and Bosera Ethereum rose over 3%.

BreakingsAug 26 09:37

Express News | The crypto market collectively rallied, with bitcoin breaking through $64,000 and ethereum breaking through $2,750.

BreakingsAug 24 13:25

Watch or bottom? Top traders: ETH price may be at a historical low, missing may lose opportunities.

Trader Eugene stated that ETH has not performed as well as SOL and BTC in this bull market and may be at a historical low. He mentioned that market sentiment and the weakness of SOL could lead to changes, and whether the current point is the starting point for long-term call still needs to be verified over time.

Futu NewsAug 23 16:44