$BTC is hovering near $74K (73,747 USDT, +0.10% in 24h) while $ETH sits near 2,048 USDT (-0.10%). Per Cointelegraph, US stocks rose even as bond yields rebounded, and Bitcoin funds saw $1.6B in outflows. Open interest on BTC is down 1.5% in 24h, 69% of accounts are long, and the Crypto Fear & Greed index reads 29.
Macro calendar: US CPI took place earlier this week. US PPI is due tomorrow at 08:30 ET, with a forecast of 0.4% (previous 1.3%) and core at 0.3% (previous 0.7%).
Security note: Across Protocol warned users to avoid its app after reports of drained wallets, and LNbits released an emergency patch after reported Bitcoin wallet thefts. Initia also confirmed a second exploit, with $3.27M stolen.
Cost tip: $BTC funding is +0.0060% per 8h, and $ETH is +0.0055%. Holding 10,000 USDT of $BTC for 24h costs about 1.80 USDT at the current rate. Futures taker fees of 0.05%–0.06% are charged on both entry and exit, so a quick round trip is not free. Check funding and your leverage before holding overnight. Verify the official source before you connect or sign with a wallet.
— BasisBack Research · not financial advice
Macro calendar: US CPI took place earlier this week. US PPI is due tomorrow at 08:30 ET, with a forecast of 0.4% (previous 1.3%) and core at 0.3% (previous 0.7%).
Security note: Across Protocol warned users to avoid its app after reports of drained wallets, and LNbits released an emergency patch after reported Bitcoin wallet thefts. Initia also confirmed a second exploit, with $3.27M stolen.
Cost tip: $BTC funding is +0.0060% per 8h, and $ETH is +0.0055%. Holding 10,000 USDT of $BTC for 24h costs about 1.80 USDT at the current rate. Futures taker fees of 0.05%–0.06% are charged on both entry and exit, so a quick round trip is not free. Check funding and your leverage before holding overnight. Verify the official source before you connect or sign with a wallet.
— BasisBack Research · not financial advice
