Key Highlights US Producer Price Index data for September was released after the latest CPI report exceeded expectations. Stronger-than-expected PPI data could reinforce expectations that US interest rates will remain elevated for longer. Bitcoin may face selling pressure if higher inflation supports the dollar and US Treasury yields, while weaker PPI data could encourage a ...
Key Highlights Bitcoin fell 5.9% between Nov. 5 and Nov. 12 while the Nasdaq 100 gained 6.4%. Bitcoin order-book depth across major exchanges dropped to $72 million on Nov. 9, about 33% below normal levels. US spot Bitcoin ETFs recorded billions of dollars in net outflows during multiple consecutive trading sessions. Bitcoin Weakness Deepens as ...
Key Highlights Bitcoin holders have realized over $2 billion in aggregate losses over three consecutive days as market prices plunged beneath the $80,000 threshold. Spot net volume delta indicators on major exchanges Binance and Coinbase turned negative, indicating that aggressive selling is outpacing buying pressure. Macroeconomic headwinds, fueled by a robust US jobs report showing ...
Key Highlights Equity fund managers held steady by lifting their S&P 500 CME net long exposure by 55 contracts to 917,568, while speculators trimmed existing short positions. CBOT US Treasury futures showed major divergence, with speculators cutting shorts across four maturities but expanding 5-year Treasury net shorts by 246,314 contracts to 1,275,370. CME Bitcoin futures ...
Key Highlights The Federal Reserve signaled ongoing pressure to curb inflation, delivering a more hawkish tone than markets had anticipated despite holding steady on rates. Market pricing via CME FedWatch reflects strong expectations of monetary tightening, with a 78.4% probability of a rate hike in December and continued pressure into early next year. Cryptocurrency and ...
Key Highlights Treasury yields have pulled back from recent highs, with the 10-year yield dropping 36 basis points to 5% and the 30-year yield falling 40 basis points, easing broader financial conditions. Market participants are closely watching Kevin Warsh’s commentary regarding persistent inflation and record-high diesel costs, which could fuel expectations for upcoming interest rate ...
Key Highlights: Headline Consumer Price Index (CPI) rose 0.6% month-over-month, propelled by a 9.1% surge in gasoline prices and an unexpected 0.3% uptick in core CPI. Bitcoin plunged to an intraday low of $81,588.88 on October 14 as macroeconomic data renewed fears of extended Federal Reserve interest rate hikes. Treasury yields climbed alongside the U.S. ...
Key Highlights Core Consumer Price Index (CPI) climbed 2.6% year-over-year, beating expectations and driving odds of an October Federal Reserve interest rate hike to between 44% and 49%. Surging Treasury yields and macroeconomic pressure triggered over $281 million in total crypto liquidations across 24 hours, heavily impacting leveraged Bitcoin long positions. Bitcoin traded near $82,211 ...
Key Highlights The headline Consumer Price Index (CPI) climbed 3.7% year-over-year in September, exceeding expectations of 3.6%. Core CPI, which strips out volatile food and energy costs, expanded 0.3% month-over-month and 2.6% annually, both topping consensus forecasts. Financial markets reacted sharply, with Bitcoin tumbling $1,000 to $82,800, the 10-year Treasury yield jumping to 5.284%, and ...
Key Highlights: The upcoming September U.S. Consumer Price Index (CPI) report is forecast to show a 0.6% monthly rise and a 3.6% annual increase, while core CPI is projected to increase 0.2% month-on-month and 2.5% annually. Cryptocurrency market participants are closely monitoring the data for insights into future Federal Reserve monetary policy and benchmark interest ...
Key Highlights: Bitcoin plunged below $82,000, triggering widespread liquidations headlined by a single $9.65 million long position liquidated on Binance at $81,772. Mounting institutional selling, marked by roughly $679 million to $681 million in U.S. spot Bitcoin ETF outflows, coincided with rising 10-year Treasury yields reaching 5.24% to 5.3%. Major altcoins including Ethereum, Solana, and ...
Key Highlights: Fuel prices dropped after President Donald Trump announced an agreement for Russia to supply 300,000 metric tons of diesel, partially easing U.S. sanctions on Russian oil imports. Despite Trump’s claim of an “energy ceasefire,” Ukrainian officials stated they were not consulted, and Russian military strikes against Ukraine’s energy grid have continued. U.S.-listed spot ...