Good morning, everyone ☕ The market is quiet today, but it doesn’t feel reassuring.
$BTC Around $74,000 at the start of the day (00:00 UTC), and nearly unchanged over the past 24 hours; $ETH around $2,056.
Here’s what you need to know:
- Bitcoin has completed five consecutive red weeks
- U.S. Bitcoin ETFs saw outflows of around $95 million on November 10, marking the fourth consecutive session of outflows
- U.S. inflation data came in higher than expected, and liquidations reached around $723 million
- The Fear and Greed Index is at 28 = Fear
So caution is the name of the game today. Not financial advice.
What do you think of the start of the day? Calm before a move, or will the decline continue?
#BinanceSquare #Bitcoin #CryptoMarket
$BTC Around $74,000 at the start of the day (00:00 UTC), and nearly unchanged over the past 24 hours; $ETH around $2,056.
Here’s what you need to know:
- Bitcoin has completed five consecutive red weeks
- U.S. Bitcoin ETFs saw outflows of around $95 million on November 10, marking the fourth consecutive session of outflows
- U.S. inflation data came in higher than expected, and liquidations reached around $723 million
- The Fear and Greed Index is at 28 = Fear
So caution is the name of the game today. Not financial advice.
What do you think of the start of the day? Calm before a move, or will the decline continue?
#BinanceSquare #Bitcoin #CryptoMarket
