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Bitcoin fell 0.6% to $79,600.4 as markets awaited Fed Chair Kevin Warsh’s first Jackson Hole speech amid divisions among Fed officials over the rate path.
Ethereum ETFs attracted $226 million in one day, nearly matching Bitcoin ETFs, as nine consecutive sessions brought in $1.4 billion.
Bitcoin’s 90-day correlation with gold surpassed 50% as BTC rallied nearly 28% in August and spot Bitcoin ETFs attracted $3.04 billion in inflows amid concerns over US debt and currency debasement.
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