Although the spot price of $BTC is not great on Tuesday

CN
Phyrex
7 hours ago

On Tuesday, although the spot price of $BTC wasn't great, the buying volume of ETFs suddenly surged. BlackRock saw an inflow of over 1,700 Bitcoin after two consecutive days of net outflows. While this isn't a large amount, none of the U.S. ETF institutions experienced net outflows, indicating a consistent bullish sentiment among investors. The main reason for this should be the current government shutdown.

The weekly report has made it very clear: the shutdown and layoffs have allowed Trump to achieve a twofold strategy. He can pressure the Federal Reserve through the Democrats while also directing public dissatisfaction towards them. Faced with such a dilemma, the Federal Reserve will likely choose to continue cutting interest rates in October. This is Trump's clear strategy; he knows it, but there's nothing he can do.

This article is sponsored by #Bitget | @Bitget_zh

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