Asia Morning Update: BTC Remains Steady Near 90k as Liquidity Decreases and a Fed Rate Cut is Fully Anticipated
Good morning, Asia. Here’s what’s making news in the market: Welcome to Asia Morning Briefing. We provide a daily summary of the main news from the U.S. time, along with a look at market trends and analyses. For more insights on the U.S. market, see below. Bitcoin is currently around $90,000 after experiencing sharp, albeit […]
Unusual Ethereum Liquidity Shortage Detected on OKX
OKX Reports Decline in Ethereum Holdings The OKX exchange has released its latest Proof of Reserve (PoR) report, revealing a drop in Ethereum holdings among users. The findings indicate that, while assets like Bitcoin and Tether saw notable increases, Ethereum’s presence has diminished over the past month. Is Ethereum Facing a Liquidity Crisis? This marks […]
Liquidity at a Critical Point – Insights
Executive Summary Bitcoin is currently trading between $81,000 and $89,000, indicating a fragile market mood similar to the weakness seen in Q1 2022 after losing crucial support levels. Realized losses are on the rise, with the short-term holder (STH) loss ratio dropping to 0.07x, suggesting weakening liquidity and demand. Long-term holders are still realizing gains, […]
Can Crypto Trading Bounce Back After October’s Liquidity Crash?
The cryptocurrency market seems to be stabilizing following the upheaval of October, yet liquidity challenges linger beneath the surface. CoinDesk Research indicates that order book depth on major exchanges is still quite low, pointing to a more cautious atmosphere for market-making as we enter the year’s final months. This situation may lead to a thinner […]
The Impact of the Government Shutdown on Bitcoin Liquidity
Bitcoin Experiences Decline Amid Government Shutdown Analysts have noted that Bitcoin appeared to be approaching the tail end of a protracted bull market even before a U.S. government shutdown hastened its decline. They observed that an increase in the government’s Treasury General Account (TGA) is draining critical capital from various asset markets, including cryptocurrencies. According […]
Why Did the Fed Provide $29.4B in Liquidity and What Implications Does It Have for Bitcoin?
US Federal Reserve Injects Billions into Banking System On Friday, the US Federal Reserve (Fed) funneled $29.4 billion into the banking system, and this development has set off a wave of optimism on social media platforms focused on cryptocurrency. The aim here is to address liquidity issues and support higher-risk assets like Bitcoin, but this […]
Significant Potential for Bitcoin? Adam Livingston discusses the ‘Major Liquidity Shift’
Bitcoin’s Future Moves in Question There seems to be a growing anticipation for a significant shift in Bitcoin’s trajectory, as noted by Adam Livingston following observations about the Federal Reserve’s cash reserves dropping to approximately $2.93 trillion. The Kobeissi Letter, which is an independent macro market newsletter, attracts attention for its insights on financial trends. […]
Crypto Markets Update: BTC and Altcoins Drop as Liquidity Shrinks and Gold Demand Rises
Crypto Market Faces Decline Amid Economic Uncertainty The cryptocurrency market is experiencing a significant downturn, primarily influenced by ongoing trade tensions and a tight liquidity environment within the U.S. financial system. As a result, many investors are turning to safe-haven Treasury securities. Currently, Bitcoin (BTC) is trading around $104,500, marking a 6% drop in just […]
Bitcoin’s sudden drop over the weekend leads analyst to caution about BTC ETFs: Ongoing liquidity vital for responsible risk management
Bitcoin (BTC) experienced a sudden flash crash late Friday outside regular trading hours, which has sparked renewed discussions about the business hours of Bitcoin exchange-traded funds (ETFs), particularly those focused on BTC. The iShares Bitcoin Trust ETF (NASDAQ: ibit) was at the center of this debate. The leading cryptocurrency plummeted from more than $116,000 to […]
Pension Funds in Australia Could Increase Pressure During a Liquidity Crisis
Australia’s Pension Funds and Financial Stability The Reserve Bank of Australia (RBA) recently assessed the country’s financial system, highlighting the significant size of its pension funds. These funds could exacerbate stress in times of major market liquidity disruptions. In its October Financial Stability Review, released on Thursday, the RBA emphasized the need to manage the […]