Bitcoin declined on Thursday after the US Federal Reserve decided to maintain interest rates unchanged and its indication that rate cuts might be delayed.
The global cryptocurrency m-cap rose marginally by 0.08% to around $2.37 trillion in the last 24 hours. Bitcoin was up 0.2% at $64,331 as of noon, while Ethereum was below the $3,150 level.
Inflows in new bitcoin ETFs rise post-dip, led by Fidelity. Grayscale Trust faces outflows. David Mercer notes skewed data impact. Todd Rosenbluth observes uptrend. ETF flows influence bitcoin price.
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3AC filed for bankruptcy in July last year as the crypto market began to face its worst phase. Teneo which is the liquidation firm in charge of liquidating 3AC’s assets, said it received a committal order against Zhu after he failed to comply with a court order, reports The Verge. Su Zhu Arrested: Three Arrows Capital Crypto Hedge Fund Co-Founder Held in Singapore.