$BTC is at 79,891 USDT (-0.88% over 24h) and $ETH is at 2,315 USDT (-1.28%). Bitcoin ETFs ended a two-week losing streak despite a late-week slide, per Decrypt. Open interest on $BTC is down 2.5% over 24h, and 65% of accounts are long. The Crypto Fear & Greed index reads 54.
Macro calendar: the Fed rate decision is Wed 28 Oct at 14:00 ET (forecast 4.00%, previous 4.00%), followed by the press conference at 14:30 ET. On Thu 29 Oct, US Advance GDP (forecast 3.2%, previous 1.5%) and Core PCE (forecast 0.3%, previous 0.2%) are due at 08:30 ET. The ECB rate decision follows at 09:15 ET (forecast 2.65%, previous 2.65%).
Cost tip: funding on $BTC and $ETH is +0.0060% per 8h. At that rate, holding 10,000 USDT for 24h costs about 1.79 USDT when you are on the paying side. Taker fees of 0.05% add 5 USDT per order on the same size. Before holding leveraged positions through event times, check your funding, your leverage and the distance to your liquidation price. Keep your wallet keys and API keys private.
— BasisBack Research · not financial advice
Macro calendar: the Fed rate decision is Wed 28 Oct at 14:00 ET (forecast 4.00%, previous 4.00%), followed by the press conference at 14:30 ET. On Thu 29 Oct, US Advance GDP (forecast 3.2%, previous 1.5%) and Core PCE (forecast 0.3%, previous 0.2%) are due at 08:30 ET. The ECB rate decision follows at 09:15 ET (forecast 2.65%, previous 2.65%).
Cost tip: funding on $BTC and $ETH is +0.0060% per 8h. At that rate, holding 10,000 USDT for 24h costs about 1.79 USDT when you are on the paying side. Taker fees of 0.05% add 5 USDT per order on the same size. Before holding leveraged positions through event times, check your funding, your leverage and the distance to your liquidation price. Keep your wallet keys and API keys private.
— BasisBack Research · not financial advice
