courtesy of nostr:npub1g0eujuzgy06srs3sdanaytzq8adsd78d4g4p5xqtlue3d3q3v2mq6pl966

While the S&P and Nasdaq were down modestly on the week as investors digested a potentially longer path to central bank rate cuts, bitcoin ripped off another ~10% move up as net inflows to new spot ETFs accelerated to the tune of ~$2.5 billion. As price inflation proves stickier than hoped (even as measured by questionable official statistics), major pockets of traditional investment like commercial real estate continue to look more impaired, and central bankers worldwide say the quiet part out loud with growing frequency, we wouldn’t bet on this strong trend for interest in bitcoin reversing in the near term.

https://www.ten31timestamp.com/p/ten31-timestamp-830861