The market is down today, with most altcoins in the red. BTC is currently trading around $81,860. ETH is around $2,400.
🟡 Fear/Greed Index: 55 — neutral
📉 Morning news roundup:
• Elon Musk: “Next year, I’ll give one share of SpaceX to every child in America.”
• The Fed sees the AI boom as a source of inflation, but higher rates will crush small businesses, not Big Tech.
• Goldman Sachs report: Hedge funds are dumping shares of tech giants at the fastest pace in a decade.
• Multicoin Capital ($2.7 billion) has ruled out pivoting to AI, sticking with its bet on crypto.
• Strategy bought 267 BTC for $22.1 million last week. Strive bought 1,223 BTC for $99.96 million. BitMine bought 12,535 ETH for $29.6 million.
$BTC
$ETH
$SOL
🟡 Fear/Greed Index: 55 — neutral
📉 Morning news roundup:
• Elon Musk: “Next year, I’ll give one share of SpaceX to every child in America.”
• The Fed sees the AI boom as a source of inflation, but higher rates will crush small businesses, not Big Tech.
• Goldman Sachs report: Hedge funds are dumping shares of tech giants at the fastest pace in a decade.
• Multicoin Capital ($2.7 billion) has ruled out pivoting to AI, sticking with its bet on crypto.
• Strategy bought 267 BTC for $22.1 million last week. Strive bought 1,223 BTC for $99.96 million. BitMine bought 12,535 ETH for $29.6 million.
$BTC
$ETH
$SOL