🌅 Bitcoin started the morning at 82K, and suddenly crashed to 79K within hours. What happened?
📖 First event: jobs numbers surprised everyone!
Analysts expected only 56K jobs to be added in August. But the reported number was 162K jobs! Imagine that—the surprise was 3x the forecast! The market couldn’t digest the news, and the result? A crash!
✅ Second event: Trump steps in and flips the table!
Instead of the market celebrating the strong numbers, Trump came out and said: "The numbers are excellent, cut interest rates now" and added: if you don’t cut them, I’ll stop trade with countries that have a trade surplus with America
✅ Third event: the Federal Reserve shocks everyone
On the other side, Fed Chair Kevin Warsh hinted in his Jackson Hole speech at raising interest rates in September, meaning the hawks are still there
And the result? A three-dimensional clash scrambled the market
⚠️ Despite the crash, Bitcoin ETF funds recorded their biggest inflow since January at $730.9 million in a single day. BlackRock alone pulled in $454 million, meaning institutions are buying while the market is going down!
💰 More than $2.6 billion in short positions were wiped out
Binance recorded an outflow of $331 million USDT within 24 hours
BTC futures contracts reached $570 million, the highest level since May
💬 Trump is trying to lower interest rates. The Fed is threatening to raise them. Are we seeing a crash to 75K or a rebound to 82K? Share your thoughts👇
$BTC
#FedRateDecisions
#ETFs
📖 First event: jobs numbers surprised everyone!
Analysts expected only 56K jobs to be added in August. But the reported number was 162K jobs! Imagine that—the surprise was 3x the forecast! The market couldn’t digest the news, and the result? A crash!
✅ Second event: Trump steps in and flips the table!
Instead of the market celebrating the strong numbers, Trump came out and said: "The numbers are excellent, cut interest rates now" and added: if you don’t cut them, I’ll stop trade with countries that have a trade surplus with America
✅ Third event: the Federal Reserve shocks everyone
On the other side, Fed Chair Kevin Warsh hinted in his Jackson Hole speech at raising interest rates in September, meaning the hawks are still there
And the result? A three-dimensional clash scrambled the market
⚠️ Despite the crash, Bitcoin ETF funds recorded their biggest inflow since January at $730.9 million in a single day. BlackRock alone pulled in $454 million, meaning institutions are buying while the market is going down!
💰 More than $2.6 billion in short positions were wiped out
Binance recorded an outflow of $331 million USDT within 24 hours
BTC futures contracts reached $570 million, the highest level since May
💬 Trump is trying to lower interest rates. The Fed is threatening to raise them. Are we seeing a crash to 75K or a rebound to 82K? Share your thoughts👇
$BTC
#FedRateDecisions
#ETFs
