$BTC
Bitcoin (BTC) is trading higher today around $84,504, driven by strong institutional backing, growing spot ETF inflows, and a technical bounce from solid support lines.
• J.P. Morgan Outlook: J.P. Morgan Asset Management projected a bullish 10% annualized return for Bitcoin, heavily boosting market sentiment.
• Regulatory Approval: Swiss regulator FINMA approved a retail spot ETF, deepening traditional financial integration
• ETF Capital: Large-buyer capital inflows peaked above +$38.7 million, pushing total global ETF assets to $149.78 billion.
• Support Bounce: Bulls aggressively defended the $80,000 support level, paving the way for momentum to clear the EMA-7 ($83,312).
• Fed Expectations: Weaker US jobs data lowered expectations for an October Fed rate hike, easing pressure on risk assets.
• Headwinds: Gains face a minor cap due to broader risk-asset liquidity constraints, with Brent crude trading near $110/bbl.$ETH
$BNB
#EarningsSeason
Bitcoin (BTC) is trading higher today around $84,504, driven by strong institutional backing, growing spot ETF inflows, and a technical bounce from solid support lines.
• J.P. Morgan Outlook: J.P. Morgan Asset Management projected a bullish 10% annualized return for Bitcoin, heavily boosting market sentiment.
• Regulatory Approval: Swiss regulator FINMA approved a retail spot ETF, deepening traditional financial integration
• ETF Capital: Large-buyer capital inflows peaked above +$38.7 million, pushing total global ETF assets to $149.78 billion.
• Support Bounce: Bulls aggressively defended the $80,000 support level, paving the way for momentum to clear the EMA-7 ($83,312).
• Fed Expectations: Weaker US jobs data lowered expectations for an October Fed rate hike, easing pressure on risk assets.
• Headwinds: Gains face a minor cap due to broader risk-asset liquidity constraints, with Brent crude trading near $110/bbl.$ETH
$BNB
#EarningsSeason