Few important factors supporting today's
$BTC
pump:
> ETFs are having their strongest month since April, with around $870M in inflows
> Rate hike odds for September dropped from 76% to 30% in a month
> Treasury yields are falling and the dollar is getting weaker
> And TODAY the Fed releases the minutes from its July meeting, so the market is positioning ahead of it
not one single reason. just a few bullish things happening at once.
all eyes on the Fed tonight 🫡 #BTC Price Analysis# #Macro Insights# #Altcoin Season#
$BTC
pump:
> ETFs are having their strongest month since April, with around $870M in inflows
> Rate hike odds for September dropped from 76% to 30% in a month
> Treasury yields are falling and the dollar is getting weaker
> And TODAY the Fed releases the minutes from its July meeting, so the market is positioning ahead of it
not one single reason. just a few bullish things happening at once.
all eyes on the Fed tonight 🫡 #BTC Price Analysis# #Macro Insights# #Altcoin Season#