📊 This Week in Crypto
Crypto markets saw a sharp selloff before stabilizing, with BTC rebounding to $70.6K after briefly dipping near $60K, and ETH recovering to $2,050 after trading below $1,800. U.S. data was mixed, weak private jobs contrasting with stronger consumer sentiment, while the Fed is still expected to hold rates steady at its March meeting.
Risk-off conditions showed up in derivatives as funding turned negative and volatility spiked, while ETF flows remained under pressure with notable BTC and ETH outflows. Despite the turbulence, institutional activity continued, with new ETFs launching, infrastructure expanding, and treasury accumulation adding both BTC and ETH.
🔗 See how quant strategies navigated the volatility this week at http:/mltech.ai

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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