☀️ Morning Market Roundup — Nov 12
Bitcoin holds near $73,700, flat on the day as bulls defend the $73,000 support. Ethereum sits around $2,054, barely moving, while Zcash slides to ~$970, down ~5% as its sharp weekly correction deepens.
📰 Overnight:
• MSCI will remove Strategy from its global indexes on Dec 1 — index funds sell MSTR shares, not Bitcoin itself
• Stablecoin supply shrank $14.2B in 30 days, the fastest drop since 2022
• US spot Bitcoin ETFs saw a 4th straight day of outflows (~$95M)
📊 Fear & Greed at 28 — firmly in Fear. Watch $72,700 support and $75,000 resistance, with US CPI data due tomorrow.
Takeaway: range-bound and fearful — patience over chasing.
#BTC #ETH #ZEC
Bitcoin holds near $73,700, flat on the day as bulls defend the $73,000 support. Ethereum sits around $2,054, barely moving, while Zcash slides to ~$970, down ~5% as its sharp weekly correction deepens.
📰 Overnight:
• MSCI will remove Strategy from its global indexes on Dec 1 — index funds sell MSTR shares, not Bitcoin itself
• Stablecoin supply shrank $14.2B in 30 days, the fastest drop since 2022
• US spot Bitcoin ETFs saw a 4th straight day of outflows (~$95M)
📊 Fear & Greed at 28 — firmly in Fear. Watch $72,700 support and $75,000 resistance, with US CPI data due tomorrow.
Takeaway: range-bound and fearful — patience over chasing.
#BTC #ETH #ZEC
