ETF's second-quarter fund inflows plummeted by 80%! Is the rise of bitcoin cooling off as risk aversion heats up?

According to the Smart Finance APP, since March, the price of bitcoin has fallen by about 13%, which is a sharp contrast to the previous two quarters, which rose by 67% and 57% respectively. On March 14th, bitcoin reached a record high of $73,798, and closed at around $61,000 in the second quarter. This decline has raised a question: Does the sluggish momentum trading of bitcoin and other assets indicate a more serious outlook for risk appetite, given the prospect of high interest rates covering the financial market for a longer period of time? Austin Reid, global revenue and business director of FalconX, which has been hit by the decline of bitcoin, said:"

Zhitong Finance19:58 ET

SEC Asks Court to Quash Coinbase Subpoena in Legal Clash Over Crypto Regulations

Bitcoin NewsJun 29 17:20 ET

Coinbase and Market Sentiment – Here's What Can Save LINK's Price!

AMBCryptoJun 29 16:00 ET

Here's Why Coinbase Global, Inc. (COIN) Fell More Than Broader Market

Yahoo FinanceJun 28 17:45 ET

Coinbase Options Spot-On: On June 28th, 185.25K Contracts Were Traded, With 752.3K Open Interest

On June 28th ET, $Coinbase(COIN.US)$ had active options trading, with a total trading volume of 185.25K options for the day, of which put options accounted for 33.89% of the total transactions, and ca

Moomoo NewsJun 28 16:30 ET

Crypto Investors to See Tighter Tax Rules Starting in 2026 -- WSJ

By Paul Kiernan The Biden administration took a long-delayed step against tax evasion in cryptocurrency markets, though it left some work unfinished amid fierce lobbying by companies like Coinbase.

WSJJun 28 16:15 ET