Bitcoin is holding strong after reclaiming the $60K level, showing resilience after the recent dip. The market's still bullish, and while the momentum is on the lower side, weâre not seeing much reversal risk. RSI and MFI? Both neutral and looking healthy
Now, letâs talk sentiment: Fear/Greed Index is at 40âyep, we're in fear territory. And the Altcoin Season Index? Itâs flashing a big olâ đ¨ at 18. Altcoins are taking a backseat for now
đ° Hereâs what you need to know today:
- The SEC is hinting at a new product after that Bitcoin ETF buzzâwatch this space! - Robinhoodâs crypto revenue soared by 161% in Q2. The retail crowd isnât going anywhere. - A Bitcoin office just opened in Santa Monica, California, to push adoption. Adoptionâs going west, baby! - Trump and Harris are set for a debate on September 10thâmark your calendars - Tetherâs doubling down on compliance, planning to double their staff to 200 - XRPâs Ripple is testing the RLUSD stablecoin on the main networkâbig moves ahead - Shiba Inuâs updated Shibarium now includes a SHIB burn mechanism - The BRC-100 creator has announced a BRC20 fork coming on September 2âget ready for some action - And in case you missed it, 1.3 billion USDT was moved from Tether Treasury to exchanges after the August 5th crash. Big moves đĽ
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đBTC MARKET UPDATEđ
Bitcoin is holding strong after reclaiming the $60K level, showing resilience after the recent dip. The market's still bullish, and while the momentum is on the lower side, weâre not seeing much reversal risk. RSI and MFI? Both neutral and looking healthy
Now, letâs talk sentiment: Fear/Greed Index is at 40âyep, we're in fear territory. And the Altcoin Season Index? Itâs flashing a big olâ đ¨ at 18. Altcoins are taking a backseat for now
đ° Hereâs what you need to know today:
- The SEC is hinting at a new product after that Bitcoin ETF buzzâwatch this space!
- Robinhoodâs crypto revenue soared by 161% in Q2. The retail crowd isnât going anywhere.
- A Bitcoin office just opened in Santa Monica, California, to push adoption. Adoptionâs going west, baby!
- Trump and Harris are set for a debate on September 10thâmark your calendars
- Tetherâs doubling down on compliance, planning to double their staff to 200
- XRPâs Ripple is testing the RLUSD stablecoin on the main networkâbig moves ahead
- Shiba Inuâs updated Shibarium now includes a SHIB burn mechanism
- The BRC-100 creator has announced a BRC20 fork coming on September 2âget ready for some action
- And in case you missed it, 1.3 billion USDT was moved from Tether Treasury to exchanges after the August 5th crash. Big moves đĽ
Stay Tuned, Trade Safely đ
#BTC #USDT #SHIB #ETH #ALT