Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
AED • EUR • GBP • USD IBANs   |   CROSS BORDER FX   |   LOCAL CURRENCIES   |   DIGITAL ASSETS
Bitcoin

Bitcoin Continues to Consolidate

Bitcoin traded around $63,500 in mid-August, remaining in a tight range since early July and down roughly 50% from its record high reached last October. Uncertainty over the Federal Reserve’s interest-rate path and stalled negotiations on the US Clarity Act continued to keep buyers on the sidelines. The Senate has now pushed a procedural vote on the bill to September 15. Institutional demand also showed signs of fragility, with US-listed spot Bitcoin ETFs recording $389.7 million in net outflows in the week of August 10. This reversed $853.5 million of inflows the previous week and marked the funds’ largest weekly outflow since late June. The selling came after ETF demand strengthened in early August, partly following the Coldcard wallet hack, which briefly renewed interest in gaining Bitcoin exposure through traditional investment products.

Register a Revolut Business Account

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also
Close
Back to top button