First, here’s the story:
Bitwise CIO: Binance’s $6.3 billion hack won’t change Bitcoin’s long-term trend, but ETF flows warrant watching in the short term
Security incidents like this first affect risk appetite; in the short term, watch whether funds shift toward more conservative positions.
First, a look at the market:
$BTC 78,442.19 (+0.89%)｜$ETH 2294.28 (+1.25%)｜BNB 711.7 (+1.27%)｜SOL 94.95 (-0.58%)
The broader market is strengthening moderately, with an overall bullish bias.
Top gainers and losers:
Top gainers: ESPORTS +79.25%, IDOL +50.69%, LYN +28.61%
Top losers: UAI -45%, RUNE -18.9%, POWR -18.64%
Market news:
1. He Yi responds again to questions about the “bestie coin” and the project listing: Personal relationships alone do not influence listing decisions.
2. STO will unlock 21.35 million tokens today, accounting for 9.48% of the circulating supply.
On the money front:
Fear & Greed Index: 37 (Fear), up 3 from yesterday
$6.94 million in liquidations across the network in the past hour; long positions accounted for 7.3%.
What everyone's talking about:
My take:
The market moves where the big money flows, so follow the money to gauge the direction.
What will your strategy be today?