Investors are growing more inclined to believe that the Federal Reserve will reduce interest rates in the beginning of November. This sentiment comes after recent data revealed a decline in U.S. inflation and a weakening job market. Furthermore, the surge in BTC price can be attributed to the substantial increase in investments towards Bitcoin exchange-traded funds (ETFs). On June 4, Bitcoin spot ETFs experienced a noteworthy net inflow of $887 million, making it the second-highest daily net inflow ever recorded. Stay up-to-date with the most recent financial and business news by visiting COINTURK FINANCE.
