📊 Market Wrap — Oct 4
$BTC holds ~$84.8K after the best September for Bitcoin funds in over a decade (~$2.5B inflows). Citi raised its 12-month target to $113K.
🏛 The SEC approved 3x leveraged BTC & ETH ETPs and released formal crypto custody rules.
🇺🇸 A weak jobs report (+29K, unemployment 4.2%) cut the odds of a Fed rate hike this month to ~20%. Nasdaq hit a record 27,191, $NVDA crossed $5.7T, and the 10Y yield is near 5.3%, its highest since 2002.
#Bitcoin #CryptoNews #Macro #Fed #Stocks
$BTC holds ~$84.8K after the best September for Bitcoin funds in over a decade (~$2.5B inflows). Citi raised its 12-month target to $113K.
🏛 The SEC approved 3x leveraged BTC & ETH ETPs and released formal crypto custody rules.
🇺🇸 A weak jobs report (+29K, unemployment 4.2%) cut the odds of a Fed rate hike this month to ~20%. Nasdaq hit a record 27,191, $NVDA crossed $5.7T, and the 10Y yield is near 5.3%, its highest since 2002.
#Bitcoin #CryptoNews #Macro #Fed #Stocks
