How to read live crypto data, written by the people who run the pipeline behind it.
The crypto Fear and Greed Index slipped to 66 from 69 and 71 across three sessions while bitcoin barely moved, showing momentum decay rather than fear.
The stablecoin market cap sits at $291.3 billion with $76.11 billion of daily volume — a turnover ratio no other crypto asset comes close to.
Microcap crypto gainers ran to absurd levels as BUN rose 243,540% on $1.09m of volume while bitcoin moved 0.1% on $37.2 billion.
Chairman Kevin Warsh called inflation the Fed's predominant focus with PCE at 3.7%, and said he would be hard pressed to call conditions restrictive.
Fed hike odds passed 60% on the CME FedWatch tool as bitcoin held $78,893 and the Fear and Greed Index slipped to 66 from 69.
Bitcoin held near $79,350 on 7 September as traders waited on the August CPI report, which economists say could swing the Fed between a hike and a hold.
The 30-year Treasury yield reached a cycle high of 5.26% and US sovereign debt passed $40 trillion, with Brent above $98. What it means for crypto.
Bitcoin's 90-day correlation with gold has risen above 0.50, a six-year high, while its Nasdaq 100 correlation has fallen from over 60% to about 33%.
The Senate CLARITY Act cloture vote on 15 September, the Fed decision and dot plot on the 16th, and quadruple witching on the 18th land in four days.
Stablecoin net flows to exchanges turned positive on 1 September after 113 days of outflows, but fell from $13.85m to $6.85m within two days.
US payrolls rose 162,000 in August against a 53,000 forecast. Hike odds moved to 59% from 52%, reversing the dovish read crypto rallied on hours earlier.
Bitcoin jumped about 5% to $81,240 on 4 September after Fed Governor Waller's remarks, with more than $400m of short positions liquidated in 24 hours.
Bitcoin fell to $76,597 and ether to $2,373 on 2 September as US-Iran strikes lifted oil and revived rate-hike fears before the Fed meets.