🚨 BREAKING: Morgan Stanley, managing $9.3 trillion in assets, has officially launched spot $ETH and $SOL ETFs, offering an industry-leading fee of just 0.14%.
🚨 INSIGHT: $ETH is currently trading below its realized price, a level often associated with market bottoms.
However, according to CryptoQuant, only 2 of the 5 historical bottom indicators have been triggered so far, suggesting the market may still need more time before a definitive bottom is in.
🇩🇪 UPDATE: $BTC has fallen to roughly $59,200, now trading just above the German government’s average sale price after it offloaded nearly 50,000 $BTC in 2024.
⚡ INSIGHT: $BTC could be signaling a wider risk-off move across markets, with Bitwise describing BTC as a “canary in the macro coal mine” as equities, $XRP and Ether face growing macroeconomic and liquidity headwinds.
🚨 ALERT: $ETH RSI has dropped to its lowest level ever recorded, highlighting extreme oversold conditions as bearish pressure continues to weigh on $ETH .
🇺🇸 TODAY: Strategy CEO Phong Le believes the U.S. government is creating the conditions for sustained leadership in $BTC and the digital asset economy.