🚨 Bitcoin ETFs lose 430 MILLION… and U.S. jobs report is out TODAY 👀
Institutional money flowed out yesterday… and the market is bruised heading into the most important data release of the week.
🟠 Bitcoin (~76,000): bounced from around 75,200 overnight, but is still down nearly 5% over 24 hours. U.S. spot Bitcoin ETFs saw about 430M in outflows at yesterday’s Thursday close. For the first time since August, the price is trading below its 200-day average. October jobs data comes out today; a strong number could push it back toward 75,000, while a weak one could pave the way to 78,000–80,000.
🔷 ETH (~2,230): down ~7%, and ETH ETFs saw nearly 100M in outflows at yesterday’s Thursday close. Key support remains near 2,200; if it breaks, the next floor is much lower. Today, the price isn’t watching the network: it’s watching the jobs report.
🔺 AVAX (~8.20): falling along with the market, but a financial court in Dubai is now recording court orders as tokens on Avalanche and proposing to enforce rulings on tokenized assets on-chain. While the price battles to hold $8, the network is getting involved in real-world legal infrastructure.
Fear is high… and the jobs report could decide the direction.
Are you buying this dip or waiting for the jobs report? 👇
#Bitcoin #ETH #AVAX
Institutional money flowed out yesterday… and the market is bruised heading into the most important data release of the week.
🟠 Bitcoin (~76,000): bounced from around 75,200 overnight, but is still down nearly 5% over 24 hours. U.S. spot Bitcoin ETFs saw about 430M in outflows at yesterday’s Thursday close. For the first time since August, the price is trading below its 200-day average. October jobs data comes out today; a strong number could push it back toward 75,000, while a weak one could pave the way to 78,000–80,000.
🔷 ETH (~2,230): down ~7%, and ETH ETFs saw nearly 100M in outflows at yesterday’s Thursday close. Key support remains near 2,200; if it breaks, the next floor is much lower. Today, the price isn’t watching the network: it’s watching the jobs report.
🔺 AVAX (~8.20): falling along with the market, but a financial court in Dubai is now recording court orders as tokens on Avalanche and proposing to enforce rulings on tokenized assets on-chain. While the price battles to hold $8, the network is getting involved in real-world legal infrastructure.
Fear is high… and the jobs report could decide the direction.
Are you buying this dip or waiting for the jobs report? 👇
#Bitcoin #ETH #AVAX
