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Crude surges past US$100 as inflation fears return and tech stocks tumble. Bitcoin suffers smaller losses than the broader market despite continued ETF outflows.
Crypto markets decline as US$1.25 billion (A$1.79 billion) exits ETFs, with Bitcoin and major altcoins posting weekly losses.
A weak US jobs print cools rate expectations as SEC moves and oil risks shape the outlook for crypto markets.
ETF demand returned in force this week, with institutional capital flowing into Bitcoin, Ether and Solana as crypto markets look to close September in the green.
A Fed rate hike, Senate setback and returning ETF demand tested crypto markets, while Bitcoin recovered above US$80,000 and sentiment remained firmly in Greed.
A difficult week for crypto saw BTC remain near US$77,000 (A$107,800), even as ETF outflows, rising rate expectations and widespread losses tested market resilience.