GM, What's up today team ๐ธ
๐ Today 12:30 UTC: Canada jobs report for September (unemployment expected 6.5%, previous 6.4%).
โก๏ธ Impact: a higher jobless rate means a weaker economy and less pressure to keep rates high, a small plus for risk assets like crypto. A lower rate keeps rates tight, so more pressure. Expect the bigger move in CAD than in Bitcoin.
๐ Unlock: $ADI releases about 6.99M tokens (โ$57M) today, no exact UTC time published.
๐ ETFs: US spot Bitcoin ETFs lost $484.9M in net outflows on Wednesday Oct 7, their worst day since June 25.
NFA.
#ADI #etf #crypto
๐ Today 12:30 UTC: Canada jobs report for September (unemployment expected 6.5%, previous 6.4%).
โก๏ธ Impact: a higher jobless rate means a weaker economy and less pressure to keep rates high, a small plus for risk assets like crypto. A lower rate keeps rates tight, so more pressure. Expect the bigger move in CAD than in Bitcoin.
๐ Unlock: $ADI releases about 6.99M tokens (โ$57M) today, no exact UTC time published.
๐ ETFs: US spot Bitcoin ETFs lost $484.9M in net outflows on Wednesday Oct 7, their worst day since June 25.
NFA.
#ADI #etf #crypto