📈All markets rebound

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BTC $67,185(+4.6%) | ETH $3,243 (+2.1%) | SOL $178 (+5.5%)

• Equities markets recover on rate cut expectations and Bank of America’s bull & bear indicator jumps to 6.9, the highest since May 2021

• Equities, Bonds, Gold, and Crypto all saw billions of dollars of inflows this week

• U.S. Independent Presidential candidate RFK Jr. has most of his wealth in Bitcoin

• The Bitcoin “Hash Ribbons Indicator” flashes a buy signal, suggesting that miner capitulation may be over — This has correlated to an upside move 16/19 times its appeared

• Blackrock’s head of digital assets Robert Mitchnick thinks other crypto asset ETFs are unlikely

• Ethereum ETFs see a second straight day of outflows, selling off $179M — Grayscale’s ETHE fund has now sold $1.1B of its initial $9.2B seed

• Mayor of Jersey City announces allocation of pension funds into the Bitcoin ETFs

• A wallet tied to the Ethereum Foundation moves 92.5K ETH ($295M) after being inactive for more than 6 years

• Solana staking dapp Jito announces “Jito Restaking” which will enable hybrid staking, restaking, and LRTs

• Xverse Bitcoin wallet releases in-app Rune swapping

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