Breaking news: According to data from the Federal Reserve Bank of New York, the Secured Overnight Financing Rate (SOFR) was 3.93% on the previous trading day (October 26), up from 3.92% the day before. This is 3 basis points above the current Interest on Reserve Balances (IORB) rate of 3.90%, matching the widest spread since August 31.
The news is somewhat positive, and $BTC is currently at 80014.01.
The impact of a single news item is often not as great as people think. Fundamentals have changed, so pay attention to the pace.
Stay rational and manage your position size.
The news is somewhat positive, and $BTC is currently at 80014.01.
The impact of a single news item is often not as great as people think. Fundamentals have changed, so pay attention to the pace.
Stay rational and manage your position size.