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- Crypto Stocks: Understand What is Moving in the Market and Why.
Crypto Stocks: Understand What is Moving in the Market and Why.
Strategize Your Digital Asset Investment Strategy
MACRO
Bitcoin (BTC is below the 7-day moving average -> bearish, and is below the 30 day moving average -> bearish, with 1 week change of -16.7%) erasing $800 billion in market value. Hawkish Fed signals on interest rates, including reduced odds of a December cut, have intensified the sell-off, pushing BTC below key support levels and sparking $8.25 billion in liquidations over the past month. Bitcoin ETFs recorded nearly $2.3 billion in outflows over five days, reflecting institutional caution despite some sovereign funds like Abu Dhabi's tripling holdings. Long term holders, including a 2011-era whale, offloaded billions, short-term holders face $21.5 billion in unrealized losses.

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