CoinDesk·3 min read·medium

Bitcoin tracks equity bounce, but $390 million ETF outflow week keeps bulls on back foot

O
Oliver Knight
Bitcoin tracks equity bounce, but $390 million ETF outflow week keeps bulls on back foot
AI Summary

Bitcoin prices are currently tracking broader equity market trends amid a week of significant ETF outflows. Meanwhile, legislative progress on the Clarity Act appears to be stalling, dampening market sentiment.

Without an obvious catalyst, the largest cryptocurrency appears to be tracking U.S. equities. Nasdaq 100 index futures are up 0.5% to their highest point since July 2.

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