Bitcoin hits $26.3k on expected CPI news, 25bps rate hike is expected
CPI was forecasted at 6.0% year-over-year, while it has come in at 6.0%
James Van Straten 1 min read Insights
Data-led research on the narratives, flows, and on-chain signals moving crypto markets.
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James Van Straten 1 min read Latest insights
Bitcoin
Bitcoin options volume hits highest level in almost two years – U.S. banking failures sparking volatility
Options volatility picks up with huge momentum, as options volume exceeds 100k Bitcoin — highest level in almost two years.
Bitcoin
Bitcoin perpetual funding rate turns negative ahead of CPI print – perspective turns bearish
CPI year-over year is forecasted to come in at 6.0%, while Bitcoin becoming significantly shorted yet again.
Bitcoin
Largest single BTC deposit hits Binance since the Luna collapse – over $500M
Large whale from Binance sells roughly 20k Bitcoin back onto exchange — accounting for over $500 million in BTC.
Bitcoin
Bitcoin hash rate booms as BTC breaks through $24k
Hash rate soars as Bitcoin is up 24.6% since Friday morning
Bitcoin
As Bitcoin breaks $24k, futures open interest increases 11% in 24 hours
Bitcoin smashes through $23k due to shorts being liquidated and open interest rising
Macro
S&P 500 goes negative YTD; almost entire regional bank stocks halted due to volatility
Gradually then suddenly, Bitcoin is up 35% YTD while S&P has gone negative YTD.
Bitcoin
President Biden reassures markets on US banking sector as Bitcoin and gold extend rally
The US President went live on national television to address the fallout and contagion of US banks.
Stablecoins
Majority of stablecoins re-store peg as USDT dominance hits 58%
Stablecoins on the majority return back to the $1 peg, while USDT continues to increase stablecoin dominance at 58%.
Bitcoin
Bitcoin funding rate has turned positive as liquidations soar over $230M
Liquidations galore as they extend to over $240M, as shorts head to $200M losses in 24 hours.
Macro
Macro update: Is fed tightening almost over? Here’s what the markets think
Global bond yields in free fall as U.S two year yields set for largest two-session drop since 1987, banks halted on exchanges.
Bitcoin
Powell chose financial assets over inflation, but here’s what you need to know
Risk-on assets rally briefly, Bitcoin surpasses $22k, plus a new liquidity program BFTP following Powell's decision.
Bitcoin
Bitcoin rises to over $21k, as shorts get squeezed out and returns to pre SVB price levels
Almost $100m of shorts liquidated in the past 24 hours