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Bitcoin breaks through $114,000, U.S. ETF increases $757.1 million, while Ethereum faces $668.72 million in outflows

Source: CoinWorld
Bitcoin price soared to $114,000, the highest level since August 24. U.S. spot Bitcoin ETF recorded $757.1 million inflows on Wednesday, hitting an eight-week high. Analysts point to an encouraging sign that rising positions and positive financing rates are expected. Meanwhile, Ethereum ETFs flowed out $668.72 million in September, indicating that funds were flowing towards Bitcoin before the Fed's interest rate resolution was announced, and the market expects the Fed to cut further interest rates.
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