Live updates: Bitcoin ETFs draw $517 million, ether pulls $189 million inflows in months
Spot $BTC bitcoin ETFs pulled in $517 million and ether funds $189 million on Aug. 19, the strongest daily hauls in months, as a broad rally torched $2.7 billion in bearish bets.#CFTCSeeksInputOnComputeDerivatives #CryptoRally #
$USDC /$USDT : Price Holds Above Key Support 📊 USDC/USDT is currently trading around 1.00051, showing relatively stable price action on the 15-minute chart. The price has been moving above the 1.00050 area, while the MA60 is also around 1.00051. This makes the current zone important for the next short-term move. 📈 Key Levels 🟢 Support: 1.00049–1.00050 🟢 Next Support: 1.00047 🔴 Resistance: 1.00053 🔴 Major Resistance: 1.00056 The chart shows that buyers have repeatedly defended the lower levels, but the price has also faced selling pressure around 1.00053–1.00056.
🚨 BTC JUST EXPLODED TO $69,700 — BUT THE REAL STORY STARTED ELSEWHERE 👀
Everyone saw Bitcoin ($BT
Everyone saw Bitcoin ($BTC BTC) explode to $69,700.But the real move started in the U.S. Treasury market. 🇺🇸 The Treasury just doubled the maximum size of its long-term bond buybacks, from $2B to at least $4B per operation, targeting longer-dated Treasuries starting September 9.Then Treasury yields dropped. 📉 10-year yield: 4.647% (-6 bps) 30-year yield: 5.196% (-9 bps)And Bitcoin reacted. $BTC moved from around $65,400 → $67,600, then reached $69,700 just one minute later. 🚀 That sudden move caught leveraged shorts off guard. Around $1.59B in crypto positions were liquidated, including roughly $746M in Bitcoin shorts. 💥 The chain reaction was simple: 🇺🇸 Treasury buybacks ⬇️ 📉 Yields fall ⬇️ $BTC rises ⬇️ 💥 Shorts get liquidated ⬇️ 🚀 Forced buying pushes BTC even higher And no — this wasn't Fed QE.The Fed didn't turn on the money printer. The bond market moved first. Bitcoin followed. Then the short squeeze turned the move into an explosion. 🔥 👀 Now September 9 is the date to watch. Do you think this could fuel another BTC move higher? 🐂 Bullish 🐻 Bearish