🚀 Wintermute: Catalysts pushing Bitcoin to a 8-month high
In its weekly report, Wintermute said the market had surpassed the impact of two key factors investors were waiting for: the interest-rate decision and the CLARITY Act file.
According to the report, BTC moved between $75,000 and $81,000 during the week before later breaking out of the trading range and reaching $86,000—its highest level in 8 months—alongside the liquidation of roughly $250 million in short positions.
ETH also rose by 6.7%, while ETF fund flows saw outflows of about $746 million and then a return of $593 million, bringing weekly net flows to nearly zero.
📌 Cipher Vault: Liquidity returns after the sell-off wave, coinciding with BTC breaking out of the trading range, shifting focus back to BTC, ETH, SOL, and HYPE this week.
⚠️ Not financial advice or a recommendation to buy or sell.
#Bitcoin #Ethereum #Crypto #HYPE #CipherVault