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Santiment: In the most volatile week for cryptocurrencies since the FTX collapse two years ago, markets are ending it with a celebratory flourish. XRP's bullish reaction to the lawsuit has driven up prices, while BTC and ETH continue to punish bottom sellers on Monday and Tuesday.
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Morning news from CrypticNews Hub: 1. FOX reporter: Last night, the Democratic Party held a meeting on revitalizing cryptocurrency relations, and the atmosphere was "tense". 2. The crypto-friendly bank has been ordered by the Fed to limit risks from digital asset clients. 3. Placeholder partner: The current situation is a good early bullish market. 4. Yesterday, the net inflow of BTCW was $118.5 million, setting a record for the highest one-day inflow. 5. Trump and Harris agreed to debate on September 10. 6. Today's Fear and Greed Index rose to 48, bringing it to a neutral level. 7. Sushi Labs will create a native DEX called Saru on ApeChain. 8. Over the past 3 days, a whale liquidated 14,387 ETH, losing $12.55 million.
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New data from the U.S. Securities and Exchange Commission shows that BlackRock CEO Larry Fink has just offloaded over $24.8 million worth of $BLK shares.
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Santiment: Bitcoin briefly surpassed $62.6K, rising +25% in just over 3 days. As usual, retail traders were caught off guard. Look for a sudden surge in excitement around potential prices of $70K-$75K for BTC or $3.0K-$3.5K for ETH as corresponding top signals.
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On the day #Bitcoin dropped to $50K, futures trading volume reached an all-time high (ATH) of $154 billion, while spot trading volume was $83 billion, making it the second-highest level in history.
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