JUST IN: Crypto is dumping
$SOL falls under $100
$XRP falls under $1.30
$ETH falls under $2,350
Bitcoin $BTC falls under $80,000
Over $200,000,000 in leveraged crypto long positions have been liquidated in the past 60 minutes.
๐จBREAKING๐จ
$BTC below $80,000
$ETH below $2,350
$SOL below $100
$XRP below $1.30
$220 MILLION in longs liquidated in just 15 minutes.
All of this came right after reports that the US military is fully prepared to attack Iran.
OCTOBER TURNED INTO FUCKTOBER.
$1.8T Franklin Templeton to launch two 95% stock / 5% Bitcoin ETFs.
โข Stock dividends go into Bitcoin.
โข One tracks S&P 500, the other Nasdaq 100.
BREAKING: Spot gold falls below $4,000/oz for the first time since July 29th as US-Iran tensions escalate.
This puts gold prices down -15% from their August 25th high.
BREAKING: The first shipment of Russian diesel under the Trump-Putin deal is now heading to the US, officially ending a 4.5-year ban.
A tanker carrying 40,000 metric tons of Russian diesel is expected to arrive in New York on Nov 7.
It would be the first US import of Russian petroleum products since the 2022 ban.
To allow the deal, the US Treasury issued a sanctions waiver on Russian diesel through Apr 7, 2027, while Moscow agreed to reopen exports.
Trump said Russia would send an initial 300k tons to US and global markets, followed by 500k in Nov and 1M afterward.
Meanwhile, US diesel prices are averaging ~$6.31/gallon, up 74% from $3.63 a year ago.
The deal is part of Trump's efforts to bring down soaring diesel prices ahead of the Nov 3 US midterm elections.
Brent crude is now above $115 a barrel and US crude above $100.
#Bitcoin
Bearish engulfing candle straight into a stronger bullish engulfing candle would be a big statement from bulls.
Still 9 hours until candle close.