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Bitcoin Pulls Back From $82K as Hot Jobs Data Stirs Rate Worry.
Bitcoin briefly topped $82,000 this week on ETF inflows before giving up gains to trade near $79,600 after strong US jobs data rekindled Fed rate-hike fears. August nonfarm payrolls smashed forecasts with 162,000 new jobs vs 56,000 expected, pushing September hike odds to ~59% . Fed Governor Waller's earlier "give disinflation a chance" remarks had eased pressure, but the jobs report quickly reversed sentiment.
Bitcoin Pulls Back From $82K as Hot Jobs Data Stirs Rate Worry.
Bitcoin briefly topped $82,000 this week on ETF inflows before giving up gains to trade near $79,600 after strong US jobs data rekindled Fed rate-hike fears. August nonfarm payrolls smashed forecasts with 162,000 new jobs vs 56,000 expected, pushing September hike odds to ~59% . Fed Governor Waller's earlier "give disinflation a chance" remarks had eased pressure, but the jobs report quickly reversed sentiment.
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$NVDA.US
Ethereum Shows Strength: Wall Street Inflows, Key Upgrades, and a Heated Robinhood Debate
Ethereum is making headlines today with a mix of bullish institutional action, major technical advancements, and a spirited community debate over what it means to be "aligned" with the network.
ETH Breaks $2,500 as Wall Street Inflows Hit $1.4 Billion
The price of Ethereum has surged past the $2,500** mark, driven by a massive influx of Wall Street capital. Over the past day, spot Ethereum ETFs attracted a significant $1.414 billion in net inflows, with BlackRock and Fidelity leading the charge .
This momentum is part of a larger trend, with nearly $9 billion flowing into Bitcoin and Ethereum ETFs recently. The market is currently watching the $2,567 level closely—a breakout above this could trigger a cascade of short liquidations totaling approximately $1.62 billion across major exchanges .
Ethereum Price & Market Data:
· Current Price (ETH/USD): ~$2,450 - $2,460
· 24h Change: +0.39% (slightly up on the day)
· Market Cap: ~$300 Billion
· 1-Month Performance: +28.93%
The Robinhood Alignment Debate
Ethereum developer Ryan Berckmans sparked discussion by defending Robinhood's role in the ecosystem. He pushed back against criticism that the exchange "gives back very little" to Ethereum, arguing that Robinhood's user onboarding, marketing, and competition with other Layer 2s like Base are positive contributions .
$NVDA.US
Ethereum Shows Strength: Wall Street Inflows, Key Upgrades, and a Heated Robinhood Debate
Ethereum is making headlines today with a mix of bullish institutional action, major technical advancements, and a spirited community debate over what it means to be "aligned" with the network.
ETH Breaks $2,500 as Wall Street Inflows Hit $1.4 Billion
The price of Ethereum has surged past the $2,500** mark, driven by a massive influx of Wall Street capital. Over the past day, spot Ethereum ETFs attracted a significant $1.414 billion in net inflows, with BlackRock and Fidelity leading the charge .
This momentum is part of a larger trend, with nearly $9 billion flowing into Bitcoin and Ethereum ETFs recently. The market is currently watching the $2,567 level closely—a breakout above this could trigger a cascade of short liquidations totaling approximately $1.62 billion across major exchanges .
Ethereum Price & Market Data:
· Current Price (ETH/USD): ~$2,450 - $2,460
· 24h Change: +0.39% (slightly up on the day)
· Market Cap: ~$300 Billion
· 1-Month Performance: +28.93%
The Robinhood Alignment Debate
Ethereum developer Ryan Berckmans sparked discussion by defending Robinhood's role in the ecosystem. He pushed back against criticism that the exchange "gives back very little" to Ethereum, arguing that Robinhood's user onboarding, marketing, and competition with other Layer 2s like Base are positive contributions .
📈 The Main Driver: Fed Shifts Stance
The market surge is tied to comments from Fed Governor Christopher Waller, signaling support for pausing rate hikes in September if inflation cools.
Rate Cut Odds: Market pricing for a September rate hike dropped sharply from ~63% to ~50%.
Market Impact: This weakened the dollar and Treasury yields, boosting risk assets like crypto.
🚀 Bitcoin & Altcoins Surge
This macro shift triggered a short squeeze, forcing bears to buy back positions and amplifying the rally.
BTC: Broke past $81,000, hitting a 4-month high of ~$82,000 before steadying around $80,841 (+5.6%).
Altcoins: Ethereum reclaimed $2,500. Zcash jumped 16.5%, while Cardano (13%) and Dogecoin (~10%) saw big gains.#BTC #CryptoNewss #binacepakistan
The market surge is tied to comments from Fed Governor Christopher Waller, signaling support for pausing rate hikes in September if inflation cools.
Rate Cut Odds: Market pricing for a September rate hike dropped sharply from ~63% to ~50%.
Market Impact: This weakened the dollar and Treasury yields, boosting risk assets like crypto.
🚀 Bitcoin & Altcoins Surge
This macro shift triggered a short squeeze, forcing bears to buy back positions and amplifying the rally.
BTC: Broke past $81,000, hitting a 4-month high of ~$82,000 before steadying around $80,841 (+5.6%).
Altcoins: Ethereum reclaimed $2,500. Zcash jumped 16.5%, while Cardano (13%) and Dogecoin (~10%) saw big gains.#BTC #CryptoNewss #binacepakistan
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