Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally?

Bitcoin's price has stagnated as recent data reveals that Bitcoin exchange-traded funds (ETFs) experienced outflows totaling $268 million. This decline in investment comes amid speculation about the potential impact of a new Federal Reserve chair on market sentiment. Analysts are questioning whether the appointment could reignite bullish momentum for Bitcoin and other cryptocurrencies. The market remains cautious, with investors closely monitoring economic indicators and Fed policy decisions.

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