BTCUSDT Only 42 tokens among the Top 300 on CoinMarketCap have outperformed BTC in 2024 Year-to-Date. 11 of the top 15 tokens are MEME. 20 tokens were listed on Binance last year or earlier, and 5 tokens will be listed on Binance in 2024.
BTCUSDT Bitcoin spot ETF had a total net outflow of $52.827 million on September 18, the first net outflow after the net inflow in the past 4 days. Grayscale ETF GBTC had an outflow of $8.1347 million.
Ethereum spot ETF had a total net outflow of $9.738 million yesterday, Grayscale ETF ETHE had a net outflow of $14.6629 million, and BlackRock ETF ETHA had an inflow of $4.9249 million
BTCUSDT The Federal Reserve announced an interest rate decision with an upper limit of 5%, compared to the expected 5.25%, and the previous rate of 5.50%.
ETHUSDT Arthur Hayes, founder of BitMEX, said that with the upcoming rate cut by the Fed, risk assets may fall in the short term, especially the rise in the yen exchange rate may hit the crypto market. As interest rates fall to near zero, high-yield assets such as Ethereum will benefit. When the U.S. Treasury bond interest rate is below 4%, ETH will become very attractive, or it may trigger a new round of bull market.