Bitcoin Surges Over $124K After $3.2B Inflows
Bitcoin $BTC surged to $124,112.70 amid a $3.24B inflow into U.S. spot ETFs, driven by safe-haven demand during the U.S. government shutdown. Other tokens gained 1-3%. #Update #Crypto $BTC
Markets
Bitcoin Demand Soars Amid U.S. Shutdowns
Bitcoin rose over 3% to near $118,700, while Dogecoin surged almost 9% to $0.25 as traders anticipate looser global liquidity amid U.S. government shutdown and Japan’s bond market stress. #Update #Crypto $BTC $DOGE
Zcash Surges to 16-Month High as Altcoins Rally
The crypto market rallied with $BTC rising 2.9% to $116,592.90 and $ETH up 3.1% to $4,005.03; altcoins like $ZEC surged 41%, hitting a 16-month high amid U.S. dollar weakness. #Update #Crypto $BTC
Crypto Perp DEX Mania Set to Crash
@BitMEX CEO Stephan Lutz warns that the dominance of decentralized exchanges like Hyperliquid and Aster may wane due to fragile incentive models, while predicting a more stable BTC market with institutional adoption. #Update #Crypto $BTC
FTX Payouts Impact U.S. Tariffs and Payrolls
@FTX begins $1.6 billion third creditor payout under bankruptcy plan, while @Arbitrum votes on investing idle ETH to earn rewards. Nonfarm payrolls expected to rise by 39,000 #Update #Crypto $ARB
Ethereum Faces $30M Liquidation Amid $1B Wipeout
An ETH$29.1M liquidation on Hyperliquid led a $1.19B wipeout as 90% of liquidations hit longs, with $448M in ETH and $278M in BTC affected. #Update #Crypto $ETH
Bitcoin ETF Bearish Sentiment Persists for Two Months
@BlackRock’s Nasdaq-listed spot BTC exchange-traded fund, IBIT, shows two months of bearish sentiment as put-call skew remains positive; price trend stalls below $70. #Update #Crypto $IBIT
Bitcoin Buy The Dip Calls Surge to $107K
Bitcoin’s ($BTC) drop below key support at $112,200 has led to a surge in “buy the dip” mentions, but liquidity trends indicate a potential decline to $107K. #Update #Crypto $BTC
Bitcoin Faces Competition from Precious Metals Surge
Gold’s price surged 44% to $3,784, while silver rose 53% to $44.32; bitcoin increased just over 20% to $113,000, lagging behind precious metals as central banks diversify into gold. #Update #Crypto $BTC
PCE Data Impacts Crypto Markets This Week
Key Economic Indicators and Upgrades Impacting Crypto Markets The U.S. Federal Reserve will have multiple speakers this week discussing monetary policy, which may affect market sentiment. The U.S. Personal Consumption Expenditures (PCE) index is set to be released, a key inflation measure that influences Bitcoin and other asset prices. Hedera Hashgraph is scheduled for a… Read More »PCE Data Impacts Crypto Markets This Week
Bitcoin Faces Doji Challenge as XRP Weakens
$BTC forms a bearish Doji at resistance, hinting at potential downside; $ETH breaks below triangle support, eyeing $4,062; $XRP’s MACD turns bearish post-ETF launch. Focus on Fed speeches and PCE inflation data. #Update #Crypto $BTC $ETH $XRP
USD Plummets as Trump Attacks Fed Policy
Trump’s administration petitions the U.S. Supreme Court to remove Federal Reserve Governor Lisa Cook, raising concerns over Fed independence as interest rates remain high, impacting the U.S. dollar and cryptocurrencies like $BTC. #Update #Crypto $BTC
Bitcoin Traders Boost Downside Protection After Fed Cut
Bitcoin ($BTC) traders increase downside protection post-Fed’s 25 basis point rate cut, with Deribit’s options skew negative across all time frames, indicating bearish sentiment. #Update #Crypto $BTC
Smaller Tokens Surge Amid Cautious Crypto Market
The crypto market remains cautious post-Fed rate cut, with BTC facing resistance at $118K; open interest in futures rises to 149K BTC. Smaller tokens like $IMX and $NEAR gain over 10%. #Update #Crypto $BTC