A sharp drop in bonds pushed the yield on US 10-year Treasury notes to nearly 5%, reaching 4.97% at the end of last week. Ian Lyngen, head of US rates strategy at BMO Capital Markets, said that the 10-year yield could soon break above the 5% mark.
📊 Market impact
Near-term outlook: bearish. The article points to tighter financial conditions: the yield on US 10-year Treasury notes reached 4.97% at the end of last week. Rising Treasury yields increase the appeal of safer assets, which can divert capital away from riskier markets, such as cryptocurrencies. A move above the 5% threshold, as Ian Lyngen of BMO expects soon, could continue to weigh on cryptocurrency sentiment in the short term.
📍 What this means for you
Watch for broad risk-off moves if yields continue rising beyond 4.97%, the level reached at the end of last week. As yields on safer US government bonds approach 5%, traders may become more selective across the overall crypto market in the short term. Focus on market-wide sentiment and volatility, since this article links macroeconomic pressure to risky assets rather than a specific token.
$BTC at 76000 $ the day before the @federalreserve decision : Will the pullback accelerate?
In the hours leading up to the Fed’s decision, more than a dozen banks are betting on a 25-point rate increase of @base, a scenario currently priced in by the market with an 87.3% probability. The main reasons are inflation proving more persistent than expected and a crude oil price above $100. Faced with such a tightening of expectations, BTC is trading around $76,000, after having moved above $79,000. The verdict on Wednesday, September 16, should reshuffle the cards.
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Bitcoin ETFs Experience $240 Million Inflows, Ending Six-Day Outflow Streak
According to Cointelegraph, Bitcoin exchange-traded funds (ETFs) saw a significant turnaround on Thursday, recording $240 million in inflows after a six-day period of outflows. This shift has led traders to anticipate a potential recovery, contingent on Bitcoin maintaining its position above the 50-week exponential moving average (EMA). The inflows mark a positive change for U.S.-based spot Bitcoin ETFs, which had been experiencing net outflows since October 29. The largest outflows occurred on Tuesday, totaling $577.74 million, following a market correction that pushed Bitcoin's price below $100,000 for the first time since June. On Tuesday, the BTC/USD pair hit a four-month low of $98,900, but the price rebounded by 3% on Friday.
The most substantial inflow was recorded by BlackRock’s ETF, IBIT, which attracted $112.4 million. Fidelity’s FBTC followed with $61.6 million, while ARK Invest’s ARKB added $60.4 million. Bitwise’s BITB saw moderate inflows of $5.5 million and $2.48 million, while other ETFs experienced no inflows or outflows. Despite recent fluctuations, cumulative net inflows remain strong at $60.5 billion, and total net assets across all spot Bitcoin ETFs stand at $135.43 billion, representing 5.42% of Bitcoin’s total market capitalization.
Bitcoin's price action around the 50-day EMA has been a focal point for traders, as it represents a critical support level. After dipping to $98,000 on Tuesday, Bitcoin quickly regained the $100,000 mark, aligning with the 50-day EMA. This level has been a significant support since September 2023, and maintaining it is crucial for bullish sentiment. U.S. President Donald Trump has not commented on the recent developments in the Bitcoin market. Technical analysts have emphasized the importance of Bitcoin closing above the 50-week simple moving average (SMA) to avoid potential complications. Pseudonymous analyst Chad noted that Bitcoin is currently holding the 50-week EMA, stressing the importance of closing the week above this level. Fellow analyst Rekt Capital suggested that Bitcoin might be forming a bottom around the 50-day EMA, requiring a series of lower lows to establish a firm base.
As reported by Cointelegraph, the Market Value to Realized Value (MVRV) ratio indicates that $98,000 could have marked a local bottom for Bitcoin, hinting at a possible price recovery due to seller exhaustion. This article does not provide investment advice or recommendations. Readers are encouraged to conduct their own research before making any investment or trading decisions.
Excellent content 👏 — your text is already very clear and educational! Here is a slightly optimized version for a more fluid and impactful style, perfect for an educational post on social media (Binance Academy style) 👇
🧠 Introduction course for beginners in trading on Binance
🔹 What is the BBO?
The BBO stands for Best Bid and Offer, which means the best buying offer and the best selling offer in the market. 👉 In other words, it’s the best price available at the moment T in the order book (Order Book).
🔸 How does the BBO work?
When you enable the BBO option when placing an order:
💰 If you buy → the system selects the lowest available selling price.
💹 If you sell → the system chooses the highest available buying price.
Thus, your order is executed instantly at the best market price, without you needing to enter the price manually.
💡 The advantages of the BBO:
⚡ Fast and efficient order execution.
🎯 Avoids price entry errors.
📈 Ideal for active traders, especially during periods of high volatility.
📊 In summary:
The BBO option is a smart tool that allows you to execute your orders at the best available price at the moment you click Buy or Sell.
Would you like me to create a more visual version (with structured emojis and shorter sentences for Instagram or Telegram) or a more serious and academic version (Binance Academy training style)?
Excellent content 👏 — your text is already very clear and educational! Here is a slightly optimized version for a more fluid and impactful style, perfect for an educational post on social media (Binance Academy style) 👇
🧠 Introduction course for beginners in trading on Binance
🔹 What is the BBO?
The BBO stands for Best Bid and Offer, which means the best buying offer and the best selling offer in the market. 👉 In other words, it’s the best price available at the moment T in the order book (Order Book).
🔸 How does the BBO work?
When you enable the BBO option when placing an order:
💰 If you buy → the system selects the lowest available selling price.
💹 If you sell → the system chooses the highest available buying price.
Thus, your order is executed instantly at the best market price, without you needing to enter the price manually.
💡 The advantages of the BBO:
⚡ Fast and efficient order execution.
🎯 Avoids price entry errors.
📈 Ideal for active traders, especially during periods of high volatility.
📊 In summary:
The BBO option is a smart tool that allows you to execute your orders at the best available price at the moment you click Buy or Sell.
Would you like me to create a more visual version (with structured emojis and shorter sentences for Instagram or Telegram) or a more serious and academic version (Binance Academy training style)?