2022-5-10 21:17 |
As inflation peaks, bitcoin traders should be wary of reading too much into data. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data.
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion.
Bitcoin miner MARA posted its highest quarterly Bitcoin production in over a year, but was overshadowed by a 28% decline in the average price of Bitcoin.
Bitcoin price action stayed compressed in an ongoing divergence from stocks and gold while US PMI data sparked fresh talk of “stagflation.”
Doubts emerge over the Bitcoin corporate treasury model as institutional BTC investment vehicles cut holdings.
Situational Awareness reportedly made a $400 million investment in an undisclosed company, days after the hedge fund nearly collapsed following July’s AI stock crash.
US-listed Bitcoin ETFs attracted $244.4 million on Wednesday, marking three consecutive inflow days for a combined $626 million.
