Asia Morning Briefing: Bitcoin Trades at $109K as U.S. ETF Demand Fades and Powell’s Hawkish Tone Hits Risk Assets
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CryptoQuant data shows U.S. spot ETF flows turning negative while Glassnode flags heavy long-term holder selling. Solana’s new spot ETFs drew inflows but failed to lift prices as sentiment weakened after large on-chain transfers.
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