Bitcoin slips below $117,000 amid ETF outflows; All eyes on Fed Chair Powell
By
Binu Mathew
Bitcoin slipped below the $117,000 mark on Tuesday amid renewed ETF outflows and growing market caution ahead of a key speech by US Federal Reserve Chair Jerome Powell.
As of 11:27 am IST, the world’s largest cryptocurrency was trading 1.1% lower at $116,994. Ethereum also lost ground, falling 2.3% to $3,681.
