QCP released a weekend summary stating that the core PCE data on Thursday was slightly higher than expected (actual year-on-year growth of 2.7%, expected to be 2.6%). On the contrary, Friday's non farm payroll data (NFP) unexpectedly fell short of expectations (actual 12000, expected 110000), causing the US dollar index (DXY) to rebound and return to the 104 level. Bitcoin hit a historic high on Tuesday night, trading as high as 73.6k, driven by market expectations for election week. Despite Bitcoin's outstanding performance this week, Ethereum remained relatively flat and failed to break through the 2.7k barrier. Against the backdrop of strong ETF fund inflows, Bitcoin's net inflow this week exceeded $2.1 billion. Despite Bitcoin falling below $69000 on Friday, we still see strong market interest in the market, with total open positions in BTC futures and BTC options remaining at high levels of $40.65 billion and $25.3 billion, respectively. @yigityektin 0 reply
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