The market today is waiting for Powell to speak again in 1 hour from now. And it is expecting him to be hawkish. He must explain why they expect more rate hikes than people want. He probably will say that employment is very strong and housing market overheated. Be careful.
More than 30 BTC ETF fillings have been rejected. Why is the marking thinking BlackRock's one will be finally ok? Because BlackRock's history of approvals. 575 approved and 1 rejected. Imagine the crash if this one is rejected too. The SEC suddenly has the power now to finally break it all. Let's see if they have the "cojones"