Midterms are in the books, JOLTS came in hot, and $BTC still refused to leave its couch, darling.
Overnight the US voted while September job openings printed 7.523 million against roughly 7.1 million expected, and factory orders jumped 1.8% versus 1.2% expected. The labor market is running hotter than consensus, which keeps December hike odds near 74% and risk assets on a short leash.
$BTC is pinned near $77,150, wedged between $76,400 support and $78,500 resistance. $ETH sits near $2,262, holding the $2,250 line but still under its $2,309 realized price. Crypto Fear and Greed reads 26, plain fear. Equities feel it too: the equity fear gauge sits at 19.7, extreme fear territory.
The money is still walking out: US spot BTC ETFs shed $398.6 million on Monday, with BlackRock's IBIT alone losing $405.3 million, its worst day since June. ETH funds lost $140 million. Since the $6.3 billion Binance hack, BTC ETF outflows have topped $1 billion, and net Binance withdrawals have reached $4.72 billion since the reopening. Brazil's Mercado Bitcoin froze withdrawals after about $40 million went missing. Zcash cratered 11% to $1,126, the day's ugliest chart.
Two threads to watch as Asia wakes: the midterm results, then Friday's jobs report. Which one moves $BTC first?
#USMidtermElections #BinancePublishesInitialFindingsandResponseonthe29OctHackingIncident #BinanceReopensWithdrawalsForMoreAssets
Overnight the US voted while September job openings printed 7.523 million against roughly 7.1 million expected, and factory orders jumped 1.8% versus 1.2% expected. The labor market is running hotter than consensus, which keeps December hike odds near 74% and risk assets on a short leash.
$BTC is pinned near $77,150, wedged between $76,400 support and $78,500 resistance. $ETH sits near $2,262, holding the $2,250 line but still under its $2,309 realized price. Crypto Fear and Greed reads 26, plain fear. Equities feel it too: the equity fear gauge sits at 19.7, extreme fear territory.
The money is still walking out: US spot BTC ETFs shed $398.6 million on Monday, with BlackRock's IBIT alone losing $405.3 million, its worst day since June. ETH funds lost $140 million. Since the $6.3 billion Binance hack, BTC ETF outflows have topped $1 billion, and net Binance withdrawals have reached $4.72 billion since the reopening. Brazil's Mercado Bitcoin froze withdrawals after about $40 million went missing. Zcash cratered 11% to $1,126, the day's ugliest chart.
Two threads to watch as Asia wakes: the midterm results, then Friday's jobs report. Which one moves $BTC first?
#USMidtermElections #BinancePublishesInitialFindingsandResponseonthe29OctHackingIncident #BinanceReopensWithdrawalsForMoreAssets