During the U.S. session, let’s look at two things that are genuinely worth watching today.
First, oil prices. Brent spot averaged $127 last week—the first time since 2008—and tankers are still hitting mines in the Strait of Hormuz. Then Trump issued a waiver exempting Russia from sanctions, and oil prices tumbled back to around $107. Bulls and bears keep getting whipsawed, making it hard for $BTC to chart its own course. Still, it’s down just 2.4% this week, compared with the Nasdaq’s 4.4% drop—that’s pretty resilient.
Second, MSCI is looking to drop treasury companies. The change takes effect at the end of November, and Strategy and Metaplanet are both on the list, meaning passive funds will have to sell. But today’s numbers are surreal: Strategy bought another 267 BTC, Strive added 1223, and BitMNR’s $ETH holdings reached 6.04 million, or 4.9% of the supply. Taking hits while buying—the divergence is interesting.
Put simply: core CPI is too hot, and the odds of a rate hike in October briefly surged to 48%. Don’t get itchy fingers trying to buy the dip just yet. But when everyone is yelling to run, the bottom often isn’t far away. Keep your powder dry.
$BTC $ETH $SOL
#比特币 #加密货币 #美联储 #美股 #Web3
NFA DYOR
First, oil prices. Brent spot averaged $127 last week—the first time since 2008—and tankers are still hitting mines in the Strait of Hormuz. Then Trump issued a waiver exempting Russia from sanctions, and oil prices tumbled back to around $107. Bulls and bears keep getting whipsawed, making it hard for $BTC to chart its own course. Still, it’s down just 2.4% this week, compared with the Nasdaq’s 4.4% drop—that’s pretty resilient.
Second, MSCI is looking to drop treasury companies. The change takes effect at the end of November, and Strategy and Metaplanet are both on the list, meaning passive funds will have to sell. But today’s numbers are surreal: Strategy bought another 267 BTC, Strive added 1223, and BitMNR’s $ETH holdings reached 6.04 million, or 4.9% of the supply. Taking hits while buying—the divergence is interesting.
Put simply: core CPI is too hot, and the odds of a rate hike in October briefly surged to 48%. Don’t get itchy fingers trying to buy the dip just yet. But when everyone is yelling to run, the bottom often isn’t far away. Keep your powder dry.
$BTC $ETH $SOL
#比特币 #加密货币 #美联储 #美股 #Web3
NFA DYOR