Macro Headwinds & Cautious Optimism
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Despite price pressure from US shutdown fears and Powell’s labor market warnings, Bitcoin futures premiums stay neutral at 5%, and open interest remains strong at $79B.
US-listed Bitcoin ETFs saw $241M net inflows Wednesday, and Tether is trading at a slight 0.3% premium vs USD/CNY — suggesting some traders are buying the dip, expecting a rebound post-expiry. -
Bitcoin ETF inflows show that institutions are still confident despite all the macro noise.
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Buying the dip vibes are strong—open interest and Tether premium say it all.