📊 Crypto traded lower this week, with BTC dipping near $85K before rebounding to $88K, while ETH closed around $2,970. Macro pressure persisted as CPI came in softer, unemployment ticked up, and the Fed signaled a slower path to rate cuts, while the BoJ raised rates.
Derivatives stayed steady, but ETF flows turned negative with $339M in BTC outflows and $568M from ETH. On the innovation front, tokenization momentum accelerated across JPMorgan, DTCC, Visa, and Ripple, while institutional accumulation remained active with large BTC and ETH buys.
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