KuCoin Futures Weekly Report (March 21 - March 27, 2024)
#KuCoinWeeklyReport Bitcoin reclaimed the 70k level after a week of correction where we saw net negative numbers for BTC spot ETF flow for 5 consecutive days. Although we have not seen the sign of slow-down for the GBTC outflow, the resurgence came after the positive number for ETF flow with Fidelity’s FBTC being the strongest buying power. Let’s take a look at what happened last week.
Read more: https://twitter.com/KuCoinFutures/status/1772902568475365734
Join KuCoin Futures Group:
https://t.me/KuCoin_Futures_TG
#KuCoinWeeklyReport Bitcoin reclaimed the 70k level after a week of correction where we saw net negative numbers for BTC spot ETF flow for 5 consecutive days. Although we have not seen the sign of slow-down for the GBTC outflow, the resurgence came after the positive number for ETF flow with Fidelity’s FBTC being the strongest buying power. Let’s take a look at what happened last week.
Read more: https://twitter.com/KuCoinFutures/status/1772902568475365734
Join KuCoin Futures Group:
https://t.me/KuCoin_Futures_TG
KuCoin Futures Weekly Report (April 11 - April 17, 2024)
#KuCoinWeeklyReport The market experienced a nerve-wracking weekend following the release of the hot CPI data and the outbreak of the Iran-Israel conflict. A selloff quickly ensued, with BTC being dragged down to as low as $60.8k, nearly erasing the gains of altcoins for the year. The hotter-than-expected inflation reports have likely shaken policymakers' confidence in the progress and signaled a potential delay in rate cuts. Given the uncertain macro and geopolitical situation, it is worth considering hedging your position to mitigate further downside risk.
Read more: https://twitter.com/KuCoinFutures/status/1780786942088753654
Join KuCoin Futures Group:
https://t.me/KuCoin_Futures_TG
#KuCoinWeeklyReport The market experienced a nerve-wracking weekend following the release of the hot CPI data and the outbreak of the Iran-Israel conflict. A selloff quickly ensued, with BTC being dragged down to as low as $60.8k, nearly erasing the gains of altcoins for the year. The hotter-than-expected inflation reports have likely shaken policymakers' confidence in the progress and signaled a potential delay in rate cuts. Given the uncertain macro and geopolitical situation, it is worth considering hedging your position to mitigate further downside risk.
Read more: https://twitter.com/KuCoinFutures/status/1780786942088753654
Join KuCoin Futures Group:
https://t.me/KuCoin_Futures_TG