šØ The Fed DIDNāT touch interest ratesā¦ but 2 of its members wanted to RAISE them again š
Money is still expensive, and yet Bitcoin isnāt falling.
āŖļø Bitcoin (~81,000): The Fed left rates at 3.75%-4%, and its chair made it clear that inflation is still very high, so another hike could come in December. Even so, ETFs brought in 176M by yesterday, Tuesdayās closeāthe second day in a row in the green. Today it touched 80,300 and bounced: as long as it holds 80,000, buyers are in control; resistance is at 82,000.
āŖļø Ethereum (~2,350): ETH ETFs saw 60M flow out yesterday, bringing October outflows to more than 1,300M, because Wall Streetās largest fund keeps selling. With rates high, big money prefers Bitcoin. The key support is 2,320; above that, 2,390 has been stopping every rally.
āŖļø AVAX (~8.97): A regulated U.S. company offering 724 stocks and tokenized ETFsāincluding the entire S&P 500ānow runs its network on Avalanche. These are real stocks backed 1:1, bringing more serious use to the network. If it holds 8.90, the range from the past few days will be behind it.
The Fed isnāt helping, but it hasnāt knocked crypto down either: big money keeps flowing into Bitcoin.
Are you buying now, or waiting to see what the Fed does in December? š
#Bitcoin #ETH #AVAX
Money is still expensive, and yet Bitcoin isnāt falling.
āŖļø Bitcoin (~81,000): The Fed left rates at 3.75%-4%, and its chair made it clear that inflation is still very high, so another hike could come in December. Even so, ETFs brought in 176M by yesterday, Tuesdayās closeāthe second day in a row in the green. Today it touched 80,300 and bounced: as long as it holds 80,000, buyers are in control; resistance is at 82,000.
āŖļø Ethereum (~2,350): ETH ETFs saw 60M flow out yesterday, bringing October outflows to more than 1,300M, because Wall Streetās largest fund keeps selling. With rates high, big money prefers Bitcoin. The key support is 2,320; above that, 2,390 has been stopping every rally.
āŖļø AVAX (~8.97): A regulated U.S. company offering 724 stocks and tokenized ETFsāincluding the entire S&P 500ānow runs its network on Avalanche. These are real stocks backed 1:1, bringing more serious use to the network. If it holds 8.90, the range from the past few days will be behind it.
The Fed isnāt helping, but it hasnāt knocked crypto down either: big money keeps flowing into Bitcoin.
Are you buying now, or waiting to see what the Fed does in December? š
#Bitcoin #ETH #AVAX
