🆕24h Crypto Market Overview

⏰Wednesday, September 04, 2024

♨️Overview:

Digital asset investment products saw outflows totaling $305 million last week, with negative sentiment clearly spreading across multiple providers and regions. The negative sentiment was focused on Bitcoin, which saw outflows of $319M. In general, the market this season has only been played by BTC while Altcoins have died. The focus this week will be on Friday, the day of the Non-farm payroll and unemployment data release. The market is currently quite sensitive to news, especially as we are at the brink of a bear market. The month typically sees a decline in most asset classes

♨️ETF Updating (03/09/24):

💰Bitcoin ETF Spot: 🔴109M 

🔹Etherium ETF Spot: 🔴52M

🎯Weekly Highlights:

▪️Friday: US releases Non-farm payrolls and unemployment rate.

❇️Top Gainers/Losers:

🟢$XMR    2%    🔴 $DOGS     12%

🟢$SUI    1%     🔴 $TAO     10%

🟢$BSV    1%    🔴 $AAVE    6%

🆕Hot News:

- BNB Chain wraps up 4 years of operation👉BNB Chain

- SEC warns FTX against refunding creditors in stablecoins or crypto👉TheBlock

- Robot Ventures, an early-stage investor in crypto startups like EigenLayer, Lido Finance, and Flashbots, raises $75M for its latest venture fund👉Bloomberg

- Hackers start laundering funds stolen from Indian exchange WRX Degree👉Bloomberg

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