đ Crypto Market Update
Bitcoin is holding near $86,500 as September payrolls came in at only 29K, far below the 90K forecast, while unemployment rose to 4.2%.
The weak jobs data may reduce pressure for further rate hikes, giving risk assets some relief. But BTC funding rates have surged to 10%, with Open Interest around 653K $BTC â showing strong leverage and a higher liquidation risk if price suddenly reverses.
Meanwhile, BNB Chain has crossed $1.1B in tokenized stocks, capturing around 30% of the $3.7B market. The SEC has also proposed a new framework for crypto asset custody.
đ $BTC : $86.5K
đ Funding: 10%
đ° BTC OI: 653K BTC
đĄ BNB Tokenized Stocks: $1.1B
#Bitcoin #BTC #BNB #CryptoNews #Blockchain #WriteToEarn
Bitcoin is holding near $86,500 as September payrolls came in at only 29K, far below the 90K forecast, while unemployment rose to 4.2%.
The weak jobs data may reduce pressure for further rate hikes, giving risk assets some relief. But BTC funding rates have surged to 10%, with Open Interest around 653K $BTC â showing strong leverage and a higher liquidation risk if price suddenly reverses.
Meanwhile, BNB Chain has crossed $1.1B in tokenized stocks, capturing around 30% of the $3.7B market. The SEC has also proposed a new framework for crypto asset custody.
đ $BTC : $86.5K
đ Funding: 10%
đ° BTC OI: 653K BTC
đĄ BNB Tokenized Stocks: $1.1B
#Bitcoin #BTC #BNB #CryptoNews #Blockchain #WriteToEarn
