Crypto Market Pulse π
- Another eventful day in crypto
- CPI inflation data came in higher than expecedπ€
- CPI inflation print likely market the local bottomβ
- National Bank of Canada has purchased $2 million in Bitcoin ETFsπ
- Trump has chosen Brian Quintenz, current Head of Policy at a16z Crypto, as the new Chair of the CFTCπ
- Binance posted proof-of-reserves revealing that they recently sold crypto to pay the $4.3 billion DOJ fineπ€¦ββοΈ
- Cboe files 19b-4 seeking SEC approval of "staking" in 21Shares Core Ethereum ETFπ₯
- $INJ sent shockwaves throughout the world of finance with the TradFi Stocks Index launchπ
- $ONDO announced a strategic collaboration with Trup-backed World Liberty Finance to advance the adoption of tokenized RWAπ€
Below is a chart showing how CPI prints have marked the last five local bottoms for $BTC π With the FTX distribution just days away, there's a strong likelihood that we'll see a similar pattern this time around.
@Goingup In USD!