Overview
- Bitcoin trades near $91,500 after the rebound, with technicians saying a break above $98,000 and sustained trade over $100,000 is needed to end the downtrend.
- Markets price roughly an 85% chance of a December Fed cut, lifting risk appetite as the Fear & Greed Index rises to 20 and Darkfost data shows loss-driven exchange transfers sliding from 67,000 BTC to about 11,600.
- Arkham flags a 1,163 BTC (about $105 million) move from a SpaceX-linked wallet that appears routed to Coinbase Prime, with SpaceX’s holdings around 6,095 BTC and no stated intent.
- Glassnode highlights heavy supply clusters at $93,000–$96,000 and $100,000–$108,000 that could cap advances unless buyers absorb overhead supply.
- CME Group halted Globex trading after a CyrusOne data‑center cooling failure, temporarily knocking out BTC and ETH futures liquidity before work to restore operations.