🔷 CryptoDigest #3: $1.28 billion flowed out of ETFs in 5 days
This week was about two things: fear and interest rates.
1️⃣ Binance reopened withdrawals after a $6.3 billion hack. The FBI blames the North Korean group TraderTraitor. Around $3 billion was frozen, and the exchange covered 95% of the losses itself.
2️⃣ $BTC surged to $81k after the election and pulled back to $75k in two days. Chipmakers plunged, $ETH lost more than 6%, and liquidations reached ≈$1.1 billion.
3️⃣ $1.28 billion flowed out of BTC ETFs in 5 days. Inflows came only on Wednesday.
4️⃣ The US added 165,000 jobs, versus a forecast of 59,000. The odds of a rate hike on December 9 are around 77%.
5️⃣ Democrats took Congress. The CLARITY Act may die on January 3.
Bottom line: the market is watching interest rates and the Nasdaq, not Washington. CPI is out Tuesday.
Which news story mattered most to you? 👇
#CryptoRay #BTC
This week was about two things: fear and interest rates.
1️⃣ Binance reopened withdrawals after a $6.3 billion hack. The FBI blames the North Korean group TraderTraitor. Around $3 billion was frozen, and the exchange covered 95% of the losses itself.
2️⃣ $BTC surged to $81k after the election and pulled back to $75k in two days. Chipmakers plunged, $ETH lost more than 6%, and liquidations reached ≈$1.1 billion.
3️⃣ $1.28 billion flowed out of BTC ETFs in 5 days. Inflows came only on Wednesday.
4️⃣ The US added 165,000 jobs, versus a forecast of 59,000. The odds of a rate hike on December 9 are around 77%.
5️⃣ Democrats took Congress. The CLARITY Act may die on January 3.
Bottom line: the market is watching interest rates and the Nasdaq, not Washington. CPI is out Tuesday.
Which news story mattered most to you? 👇
#CryptoRay #BTC
