Crypto Market Hits $2.93T as Bitcoin Eyes $90K Ahead of Key Macro Week
- —Market cap rose 1.03% to $2.93 trillion; BTC trades above $86,700
- —$58.88 million in BTC liquidations over 24 hours, $54.16 million of them shorts
- —Bitcoin ETFs took in $241 million last week; Ethereum ETFs lost $138 million
- —FOMC minutes due October 7 ahead of the Fed meeting on October 27-28
Why it matters: This week's macro data will shape Fed rate expectations and could set Bitcoin's direction for the rest of October.
Source: CoinGape