BTC’s price is still choppy, but the market has an undercurrent: everything is red overnight, with only 11% of coins in the green.
BTC retreats to $75,794 (-2.83%), while ETH drops 4.51% to $2,402. The failed CLARITY Act in the Senate has added pressure. Last week, Bitcoin ETFs saw outflows of $462.7M, while ETH ETFs were up $196.9M.
Amid the sell-off, $SAGA (+27.77%) and SYN (+18.10%) are still surging strongly, suggesting money is picking up spot altcoins with thin liquidity. HIVE (-17.79%) and CVC (-15.00%) are bearing the heaviest losses.
Today, the focus is the Fed’s interest-rate decision at 2:00 PM ET. Expectations for a 25-basis-point hike to 3.75%-4.00% will directly impact liquidity.
Long or Short—pick one and tell us why, bro? 😏
#Write2Earn #MarketUpdate #BinanceSquare
(NFA - just sharing my personal perspective)
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🌐 EN: Crypto market is red, with only 11% green coins overnight. BTC and ETH are down 2.83% and 4.51% respectively. The CLARITY Act failed in the Senate, adding pressure, while Bitcoin ETFs saw $462.7M outflows last week.
BTC retreats to $75,794 (-2.83%), while ETH drops 4.51% to $2,402. The failed CLARITY Act in the Senate has added pressure. Last week, Bitcoin ETFs saw outflows of $462.7M, while ETH ETFs were up $196.9M.
Amid the sell-off, $SAGA (+27.77%) and SYN (+18.10%) are still surging strongly, suggesting money is picking up spot altcoins with thin liquidity. HIVE (-17.79%) and CVC (-15.00%) are bearing the heaviest losses.
Today, the focus is the Fed’s interest-rate decision at 2:00 PM ET. Expectations for a 25-basis-point hike to 3.75%-4.00% will directly impact liquidity.
Long or Short—pick one and tell us why, bro? 😏
#Write2Earn #MarketUpdate #BinanceSquare
(NFA - just sharing my personal perspective)
---
🌐 EN: Crypto market is red, with only 11% green coins overnight. BTC and ETH are down 2.83% and 4.51% respectively. The CLARITY Act failed in the Senate, adding pressure, while Bitcoin ETFs saw $462.7M outflows last week.
