BTC rebounded to $92,600 (+2.7%) after heavy selling, but remains below key structural thresholds.
ETF flows split: Bitcoin saw inflows of $75 million, but Ether saw outflows of $37 million to extend the outflow streak to seven days. Solana continued to stand out with inflows of $55 million.
Fed minutes emphasize “confirmation before cuts”, as Nvidia’s strong results inject short-term risk appetite.
Onchain shows deep stress: BTC sits below 0.75 cost-basis quantile; reclaiming it is essential to avoid a deeper bear trend.
Retail continues to panic sell while whales accumulate, a classical reversal signal, but not confirmed yet.
For the first time since it began accumulating Bitcoin in 2020, Michael Saylor signalled the company may sell part of its holdings — a shift in the buy-and-hold model that has defined Strategy's identity and underpinned its equity premium.
The exchange's third major headcount reduction in three years tracks closely with the crypto market cycle, even as Armstrong points to AI as a structural reason to operate with fewer people.
The SEC this week delayed the launch of more than two dozen prediction market ETFs, citing concerns about product mechanics and disclosures. A Bloomberg analysis published last week suggests the retail-friendly pitch underpinning these products doesn't quite hold up to scrutiny.
A wave of exchange-traded funds designed to give investors exposure to prediction market outcomes was expected to begin trading as early as Thursday — until U.S. regulators intervened.
