The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.) rally – as a total of $2.
The U.S.-listed spot Bitcoin ETFs continue to be the primary source of flows. Thus, the U.S. accounted for $2.95 billion of the total, while Brazil, Hong Kong and Australia saw minor inflows of $24 million, $15 million, and $5 million, respectively. Despite the pullback in prices that began after Bitcoin hit a new all-time high above $73,800 on Thursday, data from Alternative shows that sentiment in the crypto market is still in ‘Extreme Greed’ territory, suggesting caution is warranted when it comes to opening new long positions.
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