The Fed's dot plot just moved from zero hikes penciled in July to 9 of 19 officials wanting one before year-end. That's the actual story behind today's selloff, not just leverage.
10-year yields are sitting at 5.3%, a 24-year high. That's pulling liquidity straight out of risk assets: BTC ETFs logged $487M in outflows today, the worst single day since late June, with every major fund in the red. BTC slid to $82.4K on the back of it.
Worth separating the two reads here. A leverage flush unwinds fast and mean-reverts. A discount-rate repricing doesn't — it holds until the policy outlook actually changes. Which one are you trading this as?
#TokenBot #Bitcoin #TradingSignals $BTC $TBOT
tokenbot.com
10-year yields are sitting at 5.3%, a 24-year high. That's pulling liquidity straight out of risk assets: BTC ETFs logged $487M in outflows today, the worst single day since late June, with every major fund in the red. BTC slid to $82.4K on the back of it.
Worth separating the two reads here. A leverage flush unwinds fast and mean-reverts. A discount-rate repricing doesn't — it holds until the policy outlook actually changes. Which one are you trading this as?
#TokenBot #Bitcoin #TradingSignals $BTC $TBOT
tokenbot.com