【Morning Brief】Sunday, November 8
Overnight highlights: BTC traded sideways in a narrow range over the weekend, currently around $75,676 and holding above the 50-week moving average near $75,556; Friday’s low of $74,762 was the lowest since August 21. After October nonfarm payrolls came in above expectations, the probability of a 25-basis-point rate hike in December rose to about 77%; spot BTC/ETH ETFs have seen combined net outflows of about $1.28 billion month to date.
BTC $75,676, reference levels: $77,700 above and $75,556 / $74,762 below; ETH $2,231, reference levels: $2,250 above and $2,223 / $2,200 below.
On today’s radar: Can BTC hold above $75,000 at tonight’s weekly close? October CPI will be released Tuesday, November 10, at 21:30 Beijing time.
Prices are from Coinbase spot markets and are for informational purposes only; this is not investment advice.
Overnight highlights: BTC traded sideways in a narrow range over the weekend, currently around $75,676 and holding above the 50-week moving average near $75,556; Friday’s low of $74,762 was the lowest since August 21. After October nonfarm payrolls came in above expectations, the probability of a 25-basis-point rate hike in December rose to about 77%; spot BTC/ETH ETFs have seen combined net outflows of about $1.28 billion month to date.
BTC $75,676, reference levels: $77,700 above and $75,556 / $74,762 below; ETH $2,231, reference levels: $2,250 above and $2,223 / $2,200 below.
On today’s radar: Can BTC hold above $75,000 at tonight’s weekly close? October CPI will be released Tuesday, November 10, at 21:30 Beijing time.
Prices are from Coinbase spot markets and are for informational purposes only; this is not investment advice.