ETF Demand: Bitcoin's Eighty-Three Thousand Dollar Floor?
Update: 2025-12-09
Description
U.S. Bitcoin ETFs maintain consistent demand, preventing significant price drops. Despite recent twenty-eight percent decline, Bitcoins price hovers around ETFs average cost basis, acting as a support level. With a quarter-point interest rate cut expected, Bitcoins historical pattern suggests a potential rebound. However, restrictive future guidance from the Federal Reserve could hinder this recovery.
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