BitMart Market Weekly Report 9.08-9.14
Market Developments of the Week
Last week (9.08-9.14), the net inflow of BTC ETFs was $2.33 billion, and BTC bottomed out from around $110,000 last week and reached a high of around $116,600, indicating a good overall market performance. The current BTC market share is temporarily at 56.9%, a new low since 2025, and altcoins have performed strongly during the same period. Expectations for a rate cut in September became clearer after the release of US CPI data last Thursday, with the market even betting on the possibility that the Fed may announce a 50 basis point rate cut this week.
Last week, ETH ETFs had a net inflow of $640 million,...
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