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BTC/USD: On the Cusp of a Bearish Breakdown
Bitcoin price pulled back as investors embraced a risk-off sentiment in the market. The BTC/USD pair dropped to a low of 113,120, its lowest level since August 5. It has tumbled by almost 10% from its highest point this year. Bitcoin’s plunge happened as data showed that spot BTC ETFs had outflows for three consecutive days, the longest streak in over two weeks. All ETFs have now had a cumulative total of $54 billion, with BlackRock’s IBIT ETF having over $87 billion in assets under management. Bitcoin’s decline also coincided with the plunge in the stock and crypto market. The Nasdaq 100 Index dropped by 1.4%, ... (full story)
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From marketpulse.com | Aug 20, 2025
Bitcoin (BTC/USD) found support today and bounced off a key area of support. The bounce comes as US Bitcoin and Ethereum ETFs face $1 billion in outflow. The fundamentals at this stage seem to hint at further downside, will Bitcoin be able to defy the odds and continue its move higher? Even though investors recently pulled close to $1 billion out of the ...
Cook must resign, now!!! https://www.bloomberg.com/news/articles/2025-08-20/trump-ally-calls-on-bondi-to-probe-fed-s-cook-over-mortgages
Participants continued their discussion related to the ongoing review of the Federal Reserve's monetary policy strategy, tools, and communication practices (framework review). They observed that they had made important progress toward revising the Committee's Statement on Longer-Run Goals and Monetary Policy Strategy (consensus statement). Participants discussed potential revisions to the consensus statement that would incorporate lessons learned from economic developments since the 2020 framework review and would be designed to be robust across a wide range of economic conditions. Participants noted that the Committee was close to finalizing changes to the consensus statement and would do so in the near future. The manager turned first to a review of financial market developments. Over the intermeeting period, the expected path of the policy rate and longer-term Treasury yields were little changed, equity prices increased, credit spreads narrowed, and the dollar depreciated slightly. The manager noted that markets continued to be attentive to news related to trade policy, though markets' reaction to incoming information on this topic was more restrained than in April and May. Against this backdrop, the manager reported that the Open Market Desk's Survey of Market Expectations (Desk survey) indicated that the median respondent's expectations regarding both real gross domestic product (GDP) growth and inflation were roughly unchanged. *FED: MANY NOTED FULL EFFECT OF TARIFFS COULD TAKE SOME TIME *FED: SEVERAL NOTED CONCERNS ABOUT ELEVATED ASSET VALUATIONS *FED: MAJORITY SAW INFLATION RISK OUTWEIGHING EMPLOYMENT RISK Fed Minutes: Some participants said it would not be feasible or appropriate to wait for complete clarity on the tariffs' effects on inflation before adjusting monetary policy. Fed Minutes: Several participants said that the current target range for the federal funds rate may not be far above its neutral level.
