Investors are growing more certain that the Federal Reserve will lower interest rates at the beginning of November, as recent data indicates a decline in U.S. inflation and a weakening job market. Furthermore, the increase in the price of Bitcoin can be attributed to the significant influx of funds into spot Bitcoin exchange-traded funds (ETFs). On June 4, Bitcoin spot ETFs experienced a substantial net inflow of $887 million, making it the second-largest single-day net inflow ever recorded. Stay up to date with the latest financial and business news by visiting COINTURK FINANCE.
