Market Overview
| Asset | Level | 1d Change | 7d Change | 30d Change |
|---|---|---|---|---|
| Global Crypto Market Cap | $4.02T | +1.63% | - | - |
| BTC | $115,457 | -0.04% | +3.42% | -6.39% |
| ETH | $4,549 | +1.98% | +4.89% | -4.35% |
| Dow Jones | 46,108 | +1.36% | +1.79% | +3.70% |
| S&P 500 | 6,587 | +0.85% | +2.68% | +3.53% |
| Nasdaq | 22,043 | +0.72% | +3.59% | +4.32% |
| VIX | 14.71 | -4.17% | -14.33% | -4.97% |
First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended September 6th, to 263,000, an increase of 27,000 from the previous week's revised level of 236,000, according to a report released by the Labor Department.
The US consumer price index climbed by 0.4 percent in August, slightly more than expected, after inching up by 0.2 percent in July, according to a report released by the Labor Department.
The European Central Bank left its key interest rate unchanged on Thursday, as expected, and raised the euro area growth projection for this year while inflation forecasts were stable.
US Crypto Spot ETFs Summary
| Asset | Daily Inflow | Daily Change | Weekly Inflow | Total Assets | Daily Volume |
|---|---|---|---|---|---|
| BTC ETFs | $552.78M | -27% | $1.7B (08/09-11/09) |
$149.64B | $2.83B |
| ETH ETFs | $113.12M | -34% | $232.23M (08/09-11/09) |
$28.51B | $1.53B |
Crypto Liquidations Summary
| Liquidation Type | Value | % of Total | 24h Change |
|---|---|---|---|
| Total Liquidations | $327.35M | - | $+86.41M (+35.86%) |
| Shorts | $225.31M | 68.8% | $+68.62M (+43.79%) |
| Longs | $102.04M | 31.2% | $+17.79M (+21.12%) |
| BTC | $83.24M | 25.4% | $+36.42M (+77.80%) |
| ETH | $95.68M | 29.2% | $+23.61M (+32.76%) |
- RWA tokens surged 11% this week to an all-time high market cap of $76 billion while total onchain RWA value hit a record $29 billion, nearly doubling since the start of the year with over half being tokenized private credit and a quarter being US Treasuries.
- Japan plans to replace its current progressive crypto tax rates of up to 55% with a flat 20% rate by fiscal year 2026 to position itself as a global Web3 hub and encourage domestic crypto investment.
- Bitmine, an ether treasury company, has expanded its investment in Ethereum by $200 million, bringing its total Ethereum stockpile to over $9 billion.
- Kraken has rolled out Backed's xStocks in Europe, becoming the latest cryptocurrency exchange to offer tokenized stocks in the region to eligible European investors.
- Bitstamp recorded a 21% rise in crypto trading volume to $14.4 billion in August, surpassing Robinhood for the first time since its acquisition.