CoinVoice has learned that QCP Capital released a weekend summary report, which pointed out that Thursday's core PCE data was slightly higher than expected, while Friday's non-farm payroll data unexpectedly declined, leading to a rebound in the dollar index and reclaiming the 104 level. This week, BTC's net inflow exceeded $2.1 billion. BlackRock's IBIT saw a single-day net inflow of $872 million, the largest single-day net inflow since its launch in January.
Although Bitcoin fell below $69,000 on Friday, market interest remains strong, with total open positions in BTC futures and BTC options remaining high at $40.65 billion and $25.3 billion, respectively. While Trump is favored to become the next U.S. president, the betting rate on Trump has dropped significantly from a peak of 66% on Polymarket to 57% and 43%. In the upcoming election week, the short-term implied volatility of BTC and ETH remains high (above 72 volatility units), as traders increase their focus on downside protection, with the skew of put options continually rising. [Original link]
