$BTC is trading near 81,291 USDT (+0.51% 24h) and $ETH near 2,359 USDT (+0.40%). The Crypto Fear & Greed index reads 51. Per Cointelegraph, Bitcoin ETF inflows reached $176M as $BTC moved back above $80K.
On macro: per Decrypt, the Fed held rates this week and a December rate hike is in play. Today's calendar (ET) has US Advance GDP (forecast 3.2%, previous 1.5%) and Core PCE (forecast 0.3%, previous 0.2%) at 8:30, then the ECB rate decision (forecast 2.65%, previous 2.65%) at 9:15.
Cost tip: $BTC funding is +0.0062% per 8h and $ETH funding is +0.0035%. Holding 10,000 USDT in $BTC for 24h at this funding costs about 1.86 USDT. Futures taker fees of 0.04% to 0.06% apply on every open and close, so check your total cost before using leverage. Also, per Cointelegraph, a large exchange said a vendor exposed customer data. Be careful with messages that mention your account, and turn on 2FA.
— BasisBack Research · not financial advice
On macro: per Decrypt, the Fed held rates this week and a December rate hike is in play. Today's calendar (ET) has US Advance GDP (forecast 3.2%, previous 1.5%) and Core PCE (forecast 0.3%, previous 0.2%) at 8:30, then the ECB rate decision (forecast 2.65%, previous 2.65%) at 9:15.
Cost tip: $BTC funding is +0.0062% per 8h and $ETH funding is +0.0035%. Holding 10,000 USDT in $BTC for 24h at this funding costs about 1.86 USDT. Futures taker fees of 0.04% to 0.06% apply on every open and close, so check your total cost before using leverage. Also, per Cointelegraph, a large exchange said a vendor exposed customer data. Be careful with messages that mention your account, and turn on 2FA.
— BasisBack Research · not financial advice
