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RECAP: VOLATILITY = OPPORTUNITY
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RECAP: VOLATILITY = OPPORTUNITY

OCTA: BTC, Proxies, Bonds, Tesla, MFs & Metrics

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InvestAnswers
Aug 18, 2023
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NUGGETS OF ALPHA

  • The Crypto Fear & Greed Index is at 37, which is Extreme Fear

  • Crypto traders faced significant liquidations exceeding $1 billion in 24 hours

  • BTC futures liquidations have undergone an exceptional purge of leverage

  • The percentage of Bitcoin supply in profit has fallen from 71% to 61%

  • Per Bloomberg, an Ethereum futures ETF is coming to the U.S.

  • CME Group expands the Bitcoin & Ether reference rates to Asia

  • Judge Torres approves the SEC’s request to file an appeal in Ripple Labs dispute

  • Over the last 90 days, Bitcoin is still up 9.72%, and the QQQ is at +12.95%

  • China's economic activities are contributing to a widespread decrease in prices

  • It is only a matter of time before the Chinese hit the money-printing button

  • A widespread worldwide divestment trend in the U.S. Treasuries is occurring


The global crypto market cap went from $1.2T to $1.05T quickly, with a 24-hour volume of $68.69 billion. The price of Bitcoin is $26,100 and BTC market dominance is 48.2%. The price of Ethereum is $1,661.26 and ETH market dominance is 19.0%. The best-performing sector is Charity right now!


The Crypto Fear & Greed Index is at 37, which is

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