Good morning. After Bitcoin's pullback on the first day of October, here's what you need to know today:
đ” BTC wakes up around $61,000. Despite a slight rebound on the daily candle, it remains down over 4% in 24 hours.
đ” Meanwhile, Bitcoin ETFs have a cumulative $45 billion. This, despite the fact that in September they had their largest monthly capital outflow.
đ” Sign of global crisis: 21 banks cut interest rates. This is the largest rate cut since the COVID-19 pandemic.
đ” Money issuance has skyrocketed worldwide. So far this year, the equivalent of an additional $7.3 trillion has been printed.
