๐จ Crypto Update โ
* Bitcoin (BTC): around $86.1K, up about 1% today. BTC briefly pushed close to $87K before pulling back.
* Ethereum (ETH): around $2.71K, with ETH still showing positive momentum over the past week.
* Total crypto market: roughly $2.92T, with BTC dominance around 59.1%.
* ETF flows: Bitcoin spot ETFs recorded strong September inflows, supporting institutional demand.
* Macro: The weaker U.S. jobs data is reducing expectations for another October Fed rate hike, which is currently helping risk assetsโbut high Treasury yields remain a headwind.
* Citi outlook: Citi recently raised its 12-month targets to $113K for BTC and $3,028 for ETH, citing stronger crypto activity and renewed ETF inflows.
#BTC๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ $NVDAB $AAPLB
* Bitcoin (BTC): around $86.1K, up about 1% today. BTC briefly pushed close to $87K before pulling back.
* Ethereum (ETH): around $2.71K, with ETH still showing positive momentum over the past week.
* Total crypto market: roughly $2.92T, with BTC dominance around 59.1%.
* ETF flows: Bitcoin spot ETFs recorded strong September inflows, supporting institutional demand.
* Macro: The weaker U.S. jobs data is reducing expectations for another October Fed rate hike, which is currently helping risk assetsโbut high Treasury yields remain a headwind.
* Citi outlook: Citi recently raised its 12-month targets to $113K for BTC and $3,028 for ETH, citing stronger crypto activity and renewed ETF inflows.
#BTC๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ $NVDAB $AAPLB