Crypto Daybook Americas: It's Glass Half Full Despite Record Short Bitcoin ETF Volume

The bitcoin market is currently experiencing notable volatility, oscillating between highs above $103,000 and lows around $91,000, ultimately stabilizing near $98,000. Recent price swings have prompted significant liquidations in leveraged futures, suggesting a much-needed market correction. The bullish sentiment is supported by strong inflows into bitcoin spot ETFs, while a rise in bearish ETFs hints at a divided market outlook. Upcoming U.S. employment data may further impact prices. Amidst this uncertainty, President-elect Donald Trump's appointment of a crypto czar is drawing attention, especially regarding potential implications for Solana's ETF prospects. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk