Macro· ★★★★· bearish·

Williams hints at another rate hike as Ethereum ETFs bleed $782.8M over 10 days

  • —Williams: one more rate hike this year may be appropriate
  • —US Ethereum ETFs post 10th straight day of outflows, $782.8M total
  • —$512.18M liquidated in 24 hours, 77.49% were longs
  • —Bitcoin dominance rose to 59.77%, Ethereum's fell to 10.94%
Why it matters: Hawkish Fed rhetoric is deepening institutional outflows from ETH ETFs and rotating capital into bitcoin, pressuring altcoins.
Source: TokenPost