🚀 BlackRock's Bitcoin ETF has officially surpassed its gold ETF in size, accumulating the impressive figure of $33.2 billion in assets in just 10 months. 🥳🔥 Bitcoin continues to gain ground in the financial market! 😱
📢 First time since the ELECTIONS that the Fed decides the rate with a press conference.
🔹 The Fed cut the rate by 0.25% 📉, easing loans and improving the market. 🔹 Powell indicated that the neutral rate is lower than the current one, suggesting more cuts. 📉 🔹 The economy remains strong 💪 and inflation is low, approaching the 2% target. 📊 🔹 Fed will sell $25B in assets monthly to reduce its balance sheet. 💵
📈 Markets reacted positively ($SPX +0.9% and $NDX +1.7%).
📈 Crypto Summary last 12h • $BTC : Bitcoin spot ETF returns to positive inflows. BlackRock set a record with $4.1B in transactions. • $UNI & $LDO: DeFi tokens rally. • $ENA: Wintermute will distribute income to $sENA. • $GRASS: Volume on the rise, touches $3 on Bybit. • $AVAX: Avalanche Foundation buys back $AVAX. • $SUSHI: “Vesting Launch” launched on SushiSwap. • $BNB : Real asset tokenization service. • $BIGTIME: $OPENLOOT airdrop continues. • $ARPA: Next announcement on social media.