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$BTC
investors are starting to feel the anxiety as the dip deepens
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📊 $BTC #Matrixport : Bitcoin hits 'Peak Fear' as key catalysts loom: Our Bitcoin Greed & Fear Indicator has once again hit 'peak fear' levels. We developed this index years ago to offer a more tactical and timely sentiment gauge than the widely cited Fear & Greed Index. Historically, Bitcoin has often rebounded after reaching peak fear levels. Potential catalysts this week include the U.S. Presidential Debate between Kamala Harris and Donald Trump on Tuesday and the U.S. CPI report on Wednesday.
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📊 Report #Coinshares on financial flows in crypto over the last week: Last week, outflows from investment products into digital assets amounted to $721 million. $BTC - outflow of $643 million. $ETH - outflow of $98 million. $SOL - inflow of $6.2 million.
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📊👀 $BTC #CryptoQuant : The average funding rate has remained bullish for 381 days. Bulls have been dominating the futures market for over a year. Leveraged positions have been accumulated in the futures market – volatility is coming.
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🔎 $BNB Binance released the 22nd proof of reserves (snapshot date September 1): ▪️ $BTC assets are 605k, down 1.27% from the last time; ▪️ $ETH assets are 4.486 million, down 4.58% from the last time, a decrease of 215k ETH; ▪️ #USDT assets are 22.11 billion, up 4.34% from the last time, an increase of 919 million USDT.
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💰 $TRX Tron generated ~10x more fees than #BTC in Aug '24
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