Three critical US reports arrive in 30 minutes as Bitcoin’s $2.5 billion ETF streak faces its first real test
IBIT supplied 90.5% of the latest inflow as PCE, GDP and durable goods converge on one macro test. The post Three critical US reports arrive in 30 minutes as Bitcoin’s $2.5 billion ETF streak faces its first real test appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories
Bitcoin traders hedged $60k and loaded up above $78k leaving the low $70k exposed
Bitcoin's end-of-September options expiry holds 130,670 BTC of open interest, compared with 79,003 BTC for August, a headline gap large enough to look like traders are loading up before the Federal Reserve's Sept. 16 decision. DWF Labs market insights lead Martin Lee said in a note that most of that gap has nothing to…
XRP rebounds 32% from $1 as ETF money pours in and whales reposition
XRP is on course for its strongest monthly gain in more than a year after recovering from below $1, even as a fresh pullback and heavy whale activity test the durability of the rally. CryptoSlate's data shows the token trading near $1.40 as of press time, down about 5% over the past 24 hours, after […] The post XRP…
Why Bitcoin’s $80,000 rally just flipped from short squeeze to long squeeze
Bitcoin's brief pullback below $78,000 triggered more than $300 million in crypto liquidations as traders took profits after a sharp $80,000 rally driven by Treasury developments, ETF inflows, and a squeeze on bearish positions. Data from CryptoSlate shows that the largest cryptocurrency fell as low as $77,870 during…