The Breakdown

Fed cuts & repo / Binance.US's BNB surprise / Bitcoin ETF withdrawn


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The FED has pumped the equivalent of half of Bitcoin's market cap into the markets over the last couple days in what some are likening to a TAF 2.0. We discuss why this, plus today's anticipated rate cuts, matter for Bitcoin. Binance US launched today with surprise support for BNB. Finally, one of the leading Bitcoin ETF contenders withdrew its proposal yesterday. 

Watch: https://www.youtube.com/nathanielwhittemorecrypto

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The BreakdownBy Blockworks

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