Key Highlights Bitcoin fell 1.4% to trade near $80,100 after dipping to $79,600, while ether lost 1.7% and the CoinDesk Memecoin Index retreated 3.4%. Crypto liquidations jumped 84% to $337.4 million amid broader global equity weakness spurred by Alphabet’s earnings miss and South Korea’s Kospi slump. U.S. spot bitcoin ETFs provided a continuous counterweight, recording ...
Key Highlights Bitcoin demonstrated unexpected resilience following the Clarity Act’s Senate failure and the Federal Reserve’s rate hike, outperforming the S&P 500 despite initial fear-driven sell-offs. Santiment on-chain data reveals large wallets (10–10,000 BTC) have distributed approximately 57,600 BTC since August 5, while small investors increased holdings—a pattern historically associated with heightened pullback risk. Capital ...
While most investors remain fixated on the U.S. Federal Reserve’s hawkish stance and count equity-market losses, institutional capital is quietly rotating into cryptocurrency. A new report from market maker Wintermute warns that traders waiting for a deeper pullback after Bitcoin’s recent breakout may miss the start of a fresh bull cycle entirely. The firm’s analysts ...