• Market Drop: Bitcoin $BTC fell near $73,000 and the total market cap dropped ~4.3% to $2.48 trillion following high U.S. inflation numbers.
• Heavy Liquidations: Over $917 million in derivatives positions were liquidated in 24 hours, mostly affecting bullish traders.
• ETF Outflows: U.S. spot Bitcoin and Ethereum ETFs$ETFT.ETF saw nearly $386 million in combined outflows for a third straight day.
• Wall Street Moves: Charles Schwab added Solana, Avalanche, and Chainlink to live trading, while Coinbase secured a U.S. national trust charter.
• Banking Push: Major banks like Goldman Sachs and Citi committed $270 million to launch a new stablecoin venture by 2027.#WhatWillDriveCryptoandStocks’NextRebound? #Anthropic’s6xIPODemandSignalsPotentialRecordRaise #JaneStreetNearlyOctuplesFidelityBitcoinETFHoldings
• Heavy Liquidations: Over $917 million in derivatives positions were liquidated in 24 hours, mostly affecting bullish traders.
• ETF Outflows: U.S. spot Bitcoin and Ethereum ETFs$ETFT.ETF saw nearly $386 million in combined outflows for a third straight day.
• Wall Street Moves: Charles Schwab added Solana, Avalanche, and Chainlink to live trading, while Coinbase secured a U.S. national trust charter.
• Banking Push: Major banks like Goldman Sachs and Citi committed $270 million to launch a new stablecoin venture by 2027.#WhatWillDriveCryptoandStocks’NextRebound? #Anthropic’s6xIPODemandSignalsPotentialRecordRaise #JaneStreetNearlyOctuplesFidelityBitcoinETFHoldings
