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Live markets: Bitcoin and ether ETFs lost $111 million combined as rate-cut hopes died
Bitcoin and ether ETFs lost $111 million combined as hopes for rate cuts declined. The combined losses highlight market reactions to changing expectations about monetary policy.
Related Signal
Adjacent reporting
- Live markets: Bitcoin gives up all of May's gains, slipping below $77,000
- Treasuries Fall as Inflation Data Erode Fed Rate-Cut Wager
- Bitcoin’s Bounce Unravels as Crypto, Gold and Tech Fall Together
- Live markets: Bitcoin gives up $77,000 as interest rates continue surge, stocks continue slump
- Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
- Bitcoin's June downturn leaves $8.6 billion in options out of the money