Bitcoin Slips, Weekly ETF Outflows Hit $600M on Macro Jitters: Crypto Daybook Americas
Update: 2025-10-31
Description
Cryptocurrency prices dipped on Halloween, following a broader market sell-off, as major tech companies announced increased AI investments, causing investor concerns. Bitcoin slightly decreased by 0.3%, while Ether dropped by 1.3%. Uncertainty around interest rates and inflation in the US and Europe, along with a fall in the likelihood of rate cuts, has investors on edge. Despite this, Coinbase reported strong earnings and on-chain activity remains resilient. Long-term positives like the next bitcoin halving and global regulation changes are still in play. Expect market volatility in the coming weeks, but the long-term outlook for crypto remains unchanged.
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