$BTC rejected at $94k, triggering a major liquidity sweep.
š¹ $311 million worth of short position were liquidated. System leverage ratios decreased to a healthy 4-5%.
šø Macro & Legal:
The market is pricing in an 87.6% probability of a Fed interest rate cut today.
Bank are officially allowed to broker crypto transactions a major step toward widespread acceptance.
Will the banking new be enough to help BTC break $94k, or will the FOMC meeting be a sell on new event?
Follow Trading Insight_Research for further developments. News and information are for reference only, not investment advice. Please read carefully before making a decision.
