Wall Street traded without a clear direction overnight after disappointing retail sales figures strengthened expectations of Federal Reserve rate cuts, but the data failed to lift the S&P 500 to new record highs.
Consumer activity slowed sharply for the December holiday shopping season, with December retail sales coming in flat and below expectations. Economists expect that the nonfarm payrolls report should show growth that was nil or not much better during the month, providing insight into the state of the US labor market.
European equities closed mostly unchanged as a mixed set of earnings results saw strong gains in luxury and automotive stocks counterbalanced by declines in the energy and insurance sectors.
China's consumer inflation rose less than expected in January, while the deflation in producer prices persisted, indicating a mixed picture for the country's economy.
US Spot ETF Flows
Asset
Daily Inflow
Daily Change
Weekly Inflow
Total Assets
Daily Volume
BTC ETFs
$166.6M
+14.9%
$311.6M
$87.7B
$3.4B
ETH ETFs
$13.8M
-75.8%
$70.9M
$11.8B
$825.9M
SOL ETFs
$8.4M
-58237.9%
$8.4M
$700.2M
$36.8M
US BTC Spot ETF Flows
US ETH Spot ETF Flows
US SOL Spot ETF Flows
Crypto Liquidations Summary
Liquidation Type
Value
% of Total
24h Change
Total Liquidations
$299.86M
-
$+7.31M (+2.50%)
Shorts
$63.81M
21.3%
$-62.71M (-49.56%)
Longs
$236.05M
78.7%
$+70.02M (+42.17%)
BTC
$120.32M
40.1%
$-7.48M (-5.85%)
ETH
$103.19M
34.4%
$+18.33M (+21.59%)
Tether Gold and Paxos-listed PAX Gold drive tokenized commodities market to over $6 billion, accounting for over 95% of the tokenized gold market.
Gemini exits the UK due to slow and overlapping crypto rules, citing compliance frictions as a major obstacle to the country's global hub ambitions, according to industry groups and exchanges.
Robinhood's Q4 earnings missed analyst predictions, with shares falling nearly 8% in after-hours trading, despite record Q4 revenues.
South Korean authorities investigate Bithumb after a $43 billion "phantom" Bitcoin payout of 620,000 BTC to users, citing concerns over internal controls and "paper Bitcoin".
Robinhood launches Arbitrum-based Ethereum layer-2 testnet for tokenized assets, deepening its push into DeFi infrastructure and tokenized stocks alongside other major exchanges.
