🚨 Bitcoin claws back above $70,000 after February dip
Spot ETFs show mixed flows with recent small net inflows amid broader outflows earlier this month.
Bitcoin $BTC has recovered from lows near $60k, now trading around $70,300–$70,400 (+1–2% in 24h), as cooler inflation data boosts risk appetite. Traders are watching for signs of renewed momentum
Nikita Bier, X's head of product, has made it clear: the platform will NOT serve as a broker or handle the actual execution of $BTC ,#crypto , or stock trades itself.
This clarification comes after initial buzz and reports suggested that the upcoming "Smart Cashtags" feature would allow full in-app trading right from the timeline.
There will be no custody of funds or direct brokerage role for X #TradeCryptosOnX
🪙 MEMECOIN “DEATH” NARRATIVE MAY BE THE REAL BOTTOM SIGNAL
And here’s where it gets interesting…
On-chain data from Santiment shows traders are declaring #memecoin “permanently dead” — the kind of emotional capitulation that historically appears near market bottoms.
When the crowd fully gives up, markets tend to do the opposite. Extreme pessimism often sets the stage for sharp reversals.
Every cycle, retail loses conviction right before liquidity quietly rotates. Narratives shift, influencers go silent, timelines turn hostile — and just when everyone agrees “it’s over,” price structure starts rebuilding. Some believe large players prefer maximum disbelief before repositioning.
Is the “memecoin extinction” story organic sentiment… or the final shakeout before rotation begins? #CPIWatch