📡 BTC Steadies Near 73.8K As Stocks Rebound Without It
Bitcoin trades near 73,800, roughly flat in 24 hours after dipping toward 72,700 on Tuesday. Ethereum sits near 2,050, little changed, while Solana trades near 83, roughly flat.
US stocks bounced overnight, with Nasdaq futures up about 1.7% after a strong earnings report, but Bitcoin did not follow the move. The gap shows crypto still trading its own tape after the hot October CPI print.
Spot BTC ETFs saw 95 million dollars of net outflows on Tuesday, a fourth straight day of redemptions. Bitcoin dominance sits near 60.3%, so capital is still favouring Bitcoin over altcoins even as flows stay negative.
December hike odds now sit near 90% per CME FedWatch after the hot CPI. Jobless claims land today, with consensus near 195,000 against 189,000 prior, and October PPI follows on Friday.
GRAM led the CoinDesk 100, up around 5% after Telegram said more than 700,000 wallets were created in the app in 48 hours.
👀 Support 73,000 and 70,000. Resistance 75,000 and 76,000.
Whether Bitcoin joins the stock rebound or keeps drifting may hinge on tonight's claims print and Friday's PPI, both worth watching.
📌 Personal opinion, not financial advice. DYOR.
#BTC #Crypto #CryptoMarket #ETF
$BTCUSDT $ETHUSDT $SOLUSDT
Bitcoin trades near 73,800, roughly flat in 24 hours after dipping toward 72,700 on Tuesday. Ethereum sits near 2,050, little changed, while Solana trades near 83, roughly flat.
US stocks bounced overnight, with Nasdaq futures up about 1.7% after a strong earnings report, but Bitcoin did not follow the move. The gap shows crypto still trading its own tape after the hot October CPI print.
Spot BTC ETFs saw 95 million dollars of net outflows on Tuesday, a fourth straight day of redemptions. Bitcoin dominance sits near 60.3%, so capital is still favouring Bitcoin over altcoins even as flows stay negative.
December hike odds now sit near 90% per CME FedWatch after the hot CPI. Jobless claims land today, with consensus near 195,000 against 189,000 prior, and October PPI follows on Friday.
GRAM led the CoinDesk 100, up around 5% after Telegram said more than 700,000 wallets were created in the app in 48 hours.
👀 Support 73,000 and 70,000. Resistance 75,000 and 76,000.
Whether Bitcoin joins the stock rebound or keeps drifting may hinge on tonight's claims print and Friday's PPI, both worth watching.
📌 Personal opinion, not financial advice. DYOR.
#BTC #Crypto #CryptoMarket #ETF
$BTCUSDT $ETHUSDT $SOLUSDT
