Bitcoin withdrawn summits of the day the day after $ 116,000 to less than $ 115,000 as dollar index (Dxy) It remains stable despite the expectations of a drop in the imminent Fed rate.
Analysts have remained optimistic saying that they expect new BTC lifetime peaks and excessive gains in certain tokens, such as media, soil and ENA.
Focus has already gone to smaller names. Tokens such as Myx, Hash, Pengu, Pump and MNT sculpted the price gains over 10% this week.
“The CPI + Jobs combo has created a classic” good news / bad data “business: inflation prints more, but lower work data preserve the flexibility, a positive net for the short-term crypto,” said Timothy Misir, research manager, said Brn in an email.
Positioning of derivatives
- The open interest in the term contracts linked to the first 10 cryptocurrencies increased from 3% to 5% in the last 24 hours, as the reinforcement of the expectations of the rate of rate of the Fed encourages merchants to take more risks.
- However, the market does not seem overheated, with annualized perpetual financing rates for the main parts which continue to hover around 10%. Positive financing rates indicate a bias bias among traders. Extremely high values generally point out the foam on the market.
- OI in Pengu, one of the most efficient tokens of the last seven days, has reached a record of 7.78 billion parts, validating the price increase. Piece financing rates are slightly high at around 15%.
- Smaller tokens, like Sky and Pyth, have deeply negative financing rates, a sign of biases towards short and lower positions.
- Future CME bitcoin finally see an increase in the OO, ending a drop of several weeks while Ether Oi fell to a lower month of 1.78 million ETH. These divergent tendencies could be a sign of the trading concentration renewed on the BTC. OI BTC and ETH options remain high at multiple heights.
- On Deribit, the options of BTC and ETH continue to show a bias towards the expiration of December, despite the traders who assess approximately five American interest rate reductions by July of next year.
Talk about tokens
By Oliver Knight
- One of the founders of Thorchain, a decentralized network that allows users to send assets through blockchains, was hacked this week after being dupped by a Deepfake video call on Zoom.
- “Ok so this attack was finally manifested. Had an old metamask cleaned,” wrote Jpthor on X.
- Peckshield noted that $ 1.2 million had been stolen from a Thorchain user, with Zachxbt adding that the attacker is linked to North Korean pirates.
- Thorchain has become one of the most popular laundering tools in North Korea earlier this year; The researchers estimated that 80% of the product of a piracy of $ 1.4 billion on Bybit had been Siphone by Thorchain and protocols like Vultisig.
- The Thorchain token (RUNE) Negotiate around $ 1.28, which has lost 14% of its value in last month and more than 90% since it reached its March 2024 summit of $ 12.95.
- Piracy involved a mixture of social engineering and phishing, two techniques that contributed to the $ 2.5 billion stolen by hackers in the first half of 2025.
