• bitcoinBitcoin (BTC) $ 101,634.00
  • ethereumEthereum (ETH) $ 3,425.59
  • tetherTether (USDT) $ 0.999836
  • xrpXRP (XRP) $ 2.35
  • bnbBNB (BNB) $ 954.24
  • solanaWrapped SOL (SOL) $ 153.78
  • usd-coinUSDC (USDC) $ 0.999712
  • staked-etherLido Staked Ether (STETH) $ 3,424.24
  • tronTRON (TRX) $ 0.294806
  • dogecoinDogecoin (DOGE) $ 0.170570

CRYPTO BOUNCES BACK, ALTCOINS BELOW FTX LEVELS, CPI THIS WEEK

Crypto Bounces After Hitting Extreme Fear Sentiment. Spot Btc Etf Suffer Ath Weekly Outflows. Revived Btc Supply Hits Highest Since January. Tough to Be Bullish With Btc Below $112k: Ansem. Top 50 Altcoins Below Level After Ftx Crash. Bitmine Has Bought $1.5b Eth Since Crash. New $1b Eth Dat Incoming. Kang Liquidated on Long Ena, Short Eth & Btc Trade. Tao & Zec Lead Bounce in Altcoins. Us 10yrs Behind on Crypto, Fixing is Job One: Atkins. Crypto Execs to Meet Senate Dems on Crypto Bill. Crypto Miners Riding Ai Wave Outperforming Btc. Hayes to Raise $250m for New Pe Fund. Stripe’s Tempo Raises $500m at $5b Valuation. Dankrad Leaves Eth Foundation for Tempo. Tether Open Sources Wallet Kit. Japan’s Fsa Could Allow Banks to Hold Crypto. Japan’s Big Banks Join Forces on Stablecoins. Uk Sends 65k Letters to Crypto Tax Evaders. Uk to Finalise Stablecoin Rules by End-2026. Ant Group, Jd Com Halt Stablecoin Plans in Hk.

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💡 DMK Insight

The recent bounce in crypto markets, particularly Bitcoin, signals a reaction to extreme fear sentiment, but traders should be cautious. With Bitcoin ETF outflows at an all-time high and supply levels reviving to their highest since January, there’s a clear divergence between market sentiment and underlying fundamentals. The fact that Bitcoin is struggling to hold above the $112k mark raises questions about the strength of this rally. Moreover, the top 50 altcoins remain under pressure, still reeling from the FTX crash, which suggests that any bullish momentum in Bitcoin might not translate to altcoins immediately. The influx of $1.5 billion in ETH by Bitmine indicates institutional interest, yet this could also lead to increased volatility as these positions are established. Traders should keep an eye on the $112k resistance level for Bitcoin and monitor altcoin performance closely, especially as we approach key market events or announcements that could sway sentiment. Watch for potential shifts in funding rates and volume profiles, as these could signal whether the current bounce is sustainable or just a temporary relief rally.

📮 Takeaway

Keep a close watch on Bitcoin’s $112k resistance level and monitor altcoin reactions, as institutional moves could trigger significant volatility in the coming weeks.

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