Bitcoin has kept its head above the $30k level, as the market remains optimistic about a spot bitcoin ETF, but fresh tightening from the ECB could spook investor sentiment.
failed since March. Questions linger about the ability of other institutions to withstand extreme stress.
Senior analyst at Oanda Craig Erlam said the test results could affect investors' appetite for risk assets, such as bitcoin."We still haven’t seen the full effects of tightening credit conditions following the mini-banking crisis and should we see signs of stress, traders may become more risk averse," he told The Block.said monetary policy in the Eurozone would remain restrictive until"we can be confident that the inflation process has been resolved...
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