🆕24h Crypto Market Overview

⏰Friday, October 11, 2024

♨️Overview:

Bitcoin had a trading session that adjusted down to the 59K area before recovering to the 60k area as this morning. This also reflects the continuous outflow of money from US Bitcoin ETF funds. The market has witnessed outflows for the third consecutive day. Negative information from CPI (not as expected despite the decrease), but core CPI and the number of unemployment claims increased abnormally, making the market think of an economic recession.

CZ's return to work is also the focus of the current market. CZ to Attend Blockchain Week in Dubai as a Private Person

♨️ETF Updating (10/10/24):

💰Bitcoin ETF Spot:   🔴$36.5M 

🔹Etherium ETF Spot: 🔴$4.2M

🎯Weekly Highlights:

◾️Thursday: US releases CPI and Core CPI for September

◾️Court allows FTX to refund $16B stablecoin to victims.

▪️SEC sues Cumberland DRW LLC for selling unregistered securities.

❇️Top Gainers/Decliners:

🟢$UNI 11%    🔴$NEIRO 10%

🟢$IMX 6%     🔴$FTT 6%

🟢$WIF 4%     🔴$APPT 6%

🆕Hot News:

- Ripple launches crypto custody service for US businesses👉CNBC

- VanEck has formed a venture capital (VC) unit, planning to raise $30M👉Binance

- Stripe restores crypto payments for US businesses via USDC on Ethereum, Solana and Polygon👉TheBlock

- Binance Labs-backed LRT protocol opens airdrop claim to community with 7.5% allocation of 1B token supply from 10/14👉Puffer ========================== $BNB $ETH #BinanceLaunchpoolSCR #USCoreCPIUp