📈Daily Market Review📉

🔸Overview
🔹Bitcoin dropped to $56K, Ethereum to $2.5K. Nasdaq and NYSE withdrew applications for Bitcoin and Ethereum spot ETF options.

🔸Daily Macro:
🔹BTC Market: BTC fell to $56K; ETH to $2.5K; SOL below $140.
🔹Bitcoin ETF: Aug 16 reports show $11M net inflow into Bitcoin spot ETFs.
🔹Ethereum ETF: $39.19M net outflow from Ethereum spot ETFs.
🔹Macroeconomic Data: U.S. jobless claims for Aug 10 were 227K, lower than forecast.

🔸Daily Focus:
🔹Nasdaq & NYSE: Both withdrew applications for Bitcoin and Ethereum spot ETF options. Bloomberg analyst expects resubmissions soon.

🔸Next Focus:
🔹Donald Trump Jr.: Launched a Telegram channel, “The DeFiant Ones,” for an upcoming crypto project. Users can join the channel for updates.

Full review: 👉HERE👈