🚨 The 9 BIGGEST banks in the U.S. are LOOSENING restrictions on crypto 👀
For years, they blocked accounts; now the regulator says the door is opening.
▪️ Bitcoin (~82,100): The banking regulator reviewed JPMorgan, Bank of America, and 7 other giants (~12.7 TRILLION in assets) and found policies that restricted crypto companies; several are already easing them. At Wednesday’s close yesterday, ETFs saw outflows of ~261M, but today BTC bounced from below 80,000 after a hotter producer inflation reading. The chance of the Fed RAISING rates on October 28 fell to ~27%.
▪️ Ethereum (~2,450): up ~1.4% on the rebound. At Wednesday’s close yesterday, its ETFs saw outflows of ~130M; today it’s recovering the 2,450 level as fears of higher rates cool.
▪️ FET (~0.207): up ~5% in 24h and back above 0.20. No strong catalyst of its own: when the market calms down, AI tokens tend to rebound first.
▪️ HYPE (~82): A revenue stream from its network now accounts for ~27% of what it generates (~25M since August), and all of it is used to buy back and burn HYPE; that’s why it’s holding up better than the rest.
▪️ AVAX (~10): Korea is building its tokenized securities platform with Avalanche support ahead of 2027. It’s holding the $10 level after yesterday’s shake-up.
Banks are opening the door; prices are still fighting to hold the floor.
Are you getting in with Wall Street, or waiting for confirmation? 👇
#Bitcoin #ETH #FET #HYPE #AVAX
For years, they blocked accounts; now the regulator says the door is opening.
▪️ Bitcoin (~82,100): The banking regulator reviewed JPMorgan, Bank of America, and 7 other giants (~12.7 TRILLION in assets) and found policies that restricted crypto companies; several are already easing them. At Wednesday’s close yesterday, ETFs saw outflows of ~261M, but today BTC bounced from below 80,000 after a hotter producer inflation reading. The chance of the Fed RAISING rates on October 28 fell to ~27%.
▪️ Ethereum (~2,450): up ~1.4% on the rebound. At Wednesday’s close yesterday, its ETFs saw outflows of ~130M; today it’s recovering the 2,450 level as fears of higher rates cool.
▪️ FET (~0.207): up ~5% in 24h and back above 0.20. No strong catalyst of its own: when the market calms down, AI tokens tend to rebound first.
▪️ HYPE (~82): A revenue stream from its network now accounts for ~27% of what it generates (~25M since August), and all of it is used to buy back and burn HYPE; that’s why it’s holding up better than the rest.
▪️ AVAX (~10): Korea is building its tokenized securities platform with Avalanche support ahead of 2027. It’s holding the $10 level after yesterday’s shake-up.
Banks are opening the door; prices are still fighting to hold the floor.
Are you getting in with Wall Street, or waiting for confirmation? 👇
#Bitcoin #ETH #FET #HYPE #AVAX