πŸ“Š Daily Market Update πŸ“Š

πŸ”Έ BTC Performance
πŸ“ BTC remains range-bound around $97K.

πŸ”Έ ETF Performance

πŸ“ˆ BTC: $70.6M net inflow last Friday.
πŸ“ˆ ETH: $11.7M net inflow last Friday.

πŸ”Έ Daily Focus
πŸ”Ή LIBRA Token
πŸ”Ž Reason:

● Argentine President Javier Milei's official account announced the launch of the LIBRA meme token, causing a surge in price.
● However, within four hours, Milei deleted the post and denied any involvement, leading to a crash.

πŸ“‰ Performance (24h): LIBRA -33.5%

⚠️ How to Participate:
● The Argentine government has launched an investigation into companies and individuals involved in LIBRA’s issuance.
● The Anti-Corruption Office has been asked to intervene.

πŸ”Έ Next Focus
πŸ”Ή Fed Policy Outlook
πŸ”Ž Reason:

● Last week’s U.S. CPI and PPI inflation data were higher than expected.
● Powell stated that there is no urgency to cut rates.

πŸ›  How to Participate:
● Macroeconomic events this week could bring increased volatility to global markets.

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