They held on all night, but still fell below $58k in BTC, liquidations in 24 hours were $466 million and 88% of them were longs 🌡
Institutions could help, but BlackRock does not buy Bitcoin for the fifth day in a row, and other ETFs are in the red yesterday by $161.6 million. And over the past 5 days, the outflow amounted to $635 million 🔪
Changpeng Zhao said thank you to everyone for their support. He will serve his 4 months, after which he will engage in educational projects and passive investments in cryptocurrencies. He also said that compliance with KYC is very important now
Today is the Fed meeting on the rate: JPMorgan and Goldman Sachs have become bulls and expect a rate cut in July, Wells Fargo has taken a neutral position and is betting on September, and Bank of America supported the bears with their forecast for December
