š The āSeptember Curseā in crypto?
šŖ #Bitcoin has averaged -6% in September over the past decade, with major slumps in:
š 2014 (-13%) | 2018 (-14%) | 2022 (-13%)
š Echoing the stock marketās āSeptember Effect,ā where the S&P 500 often underperforms ā and crypto sentimentā¦
š¢ HashKey Group Weekly Digest
Hereās whatās happening across the #HashKey ecosystem this week š
š¹ @HashKeyExchange
š Celebrated #HashDay828 ā our 2nd anniversary of licensed operations with partners & friends.
š”ļø Insurance protection under the worldās largest digital assetā¦
š Claim your welcome bonus on HashKey MENA
Complete tasks in 14 days & get 30 $USDT!
ā Register on HashKey MENA š global.hashkey.com/ae/en-AE/?chanā¦
ā Complete KYC
ā Deposit > 50 $USDT
ā Spot trade ā„ 100 $USDT
š Rewards credited within 7 days
š More detailsā¦
š $ETH set a new all-time high at $4,954 over the weekend, holding above $4.7K.
Meanwhile, $BTC slipped ~2% to $112K, giving back its Jackson Hole rally gains.
$ETHās surge is fueled by:
ā ETF inflows
ā Corporate treasury demand
ā 1/3 supply staked
#Ethereum has led theā¦
š¢ Orderbook Trading is Now LIVE on HashKey MENA!
š± Trade USDT/AED spot from just 1 AED!
ā Among the lowest trading fees in the MENA region
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Explore HashKeyā¦
š #ETHEreum Spot ETFs hit a record $2.9B net inflows last week (Aug 11ā15), the highest ever
š BlackRockās #ETHA led with $2.3B inflows (now $12.2B total)
š Fidelityās #FETH contributed $361M inflows
š Grayscaleās #ETHE saw $71.6M outflows
š¹ Total NAV now $28.2B ā 5.3% ofā¦
HashKey Group Weekly Digest
Hereās whatās happening across the #HashKey ecosystem this week š
š¹ @HashKeyExchange
- IVD Medical Signing Ceremony + panel āNew Trends in Digital Asset Allocation from a Global Perspectiveā
- Guotai Junan International ā 818 Earnings Festival:ā¦
š Market Update
š $BTC fell to $117.5K
š $ETH declined to $4.5K
šØ Inflation data surprised to the upside:
US PPI YoY came in at 3.3% (vs. 2.5% expected, 2.3% previous) ā the highest since March 2022.
š Keep an eye on your positions and risk exposure amidā¦
š„ #Bitcoin Hits $124K ā New ALL-TIME HIGH!
š Now ranked as the 5th most valuable asset globally
š Holding $BTC from $77K just 4 months ago = +61% gain
š§ Where is $BTC headed next?
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