GM Square 🐸
Wall Street had a rough session. The Nasdaq closed down about 5.5% as AI names dropped, and crypto moved with it.
Nearly $1.1 billion in crypto positions were liquidated. $BTC trades around $75,600 after about a 6% drop. $ETH is near $2,226.
Spot BTC ETFs recorded $430.2M in outflows on Nov 5. Fear and Greed slid to 28.
Today's US jobs report lands at 13:30 UTC and can shake risk assets again.
Do you see yesterday as a flush or the start of a deeper move?
Educational only, NFA.
#bitcoin #NFP #Fed
Wall Street had a rough session. The Nasdaq closed down about 5.5% as AI names dropped, and crypto moved with it.
Nearly $1.1 billion in crypto positions were liquidated. $BTC trades around $75,600 after about a 6% drop. $ETH is near $2,226.
Spot BTC ETFs recorded $430.2M in outflows on Nov 5. Fear and Greed slid to 28.
Today's US jobs report lands at 13:30 UTC and can shake risk assets again.
Do you see yesterday as a flush or the start of a deeper move?
Educational only, NFA.
#bitcoin #NFP #Fed
