Markets

Markets coverage from the StreamSage Markets desk: Stocks, Bonds, Forex, Commodities, Funds, Derivatives, Crypto Assets. Sources on every story. Page 6.

• US bitcoin ETFs see $731 million inflow, largest since January

  Analysts credit Fed Governor Christopher Waller's recent dovish remarks for the surge in capital into the funds.

• Fidelity Says Bitcoin Could Hit New Low in November

  A Fidelity report notes Bitcoin is near $81,639 but warns another bottom may form later this year.

• Oil posts biggest weekly gain since July amid US-Iran strikes

  WTI climbed toward $92 a barrel after renewed hostilities heightened concerns over disruptions to energy flows through the Strait of Hormuz.

• Bitcoin-Gold Correlation Reaches Six-Year High

  Bitwise reports the correlation has hit its highest level in six years, coinciding with Bitcoin trading near $81,438.

• Crypto Terminals Settle $1B in Volume

  GMGN accounted for nearly half of the $1.03 billion total on September 2, with 90.7% of its trades settling on Robinhood Chain.

• Robinhood Chain gas fees spike 82-fold in 11 days

  Users paid $4.45 million on Sept. 2, topping every other chain, while Robinhood covers wallet swap fees until Sept. 29.

• Crypto market cap recovers to $2.82 trillion led by Zcash

  Bitcoin surpassed $80,000 on ETF inflows while Strategy and Circle shares jumped 15% and Coinbase rose 10%.

• Bitcoin ETFs Rebound as Ethereum and XRP End Inflow Streaks

  Bitcoin ETFs drew $101 million on Wednesday, reversing Tuesday’s record outflows, while Ethereum and XRP funds saw net withdrawals.

• Bitcoin Reclaims $80,000 as Fed Pause Odds Rise

  Fed Governor Waller signaled support for a rate hold, driving $416 million in short liquidations and lifting Bitcoin near $80,270.

• Kalshi seeks CFTC approval for 24/5 WTI crude oil perpetual

  The exchange plans a weekday-only trading schedule, leaving the contract closed during weekends when traditional futures markets halt.

• NYC Transit Agency Prepares $785 Million Mansion Tax Bond Sale

  The New York City transit network plans to issue $785 million in debt secured by revenue from a levy on luxury real estate sales.

• Bitcoin ETFs flip direction as altcoin inflows stall

  US spot Bitcoin ETFs drew $101.2M on Sept. 2, while Ethereum, XRP, and Solana funds recorded their first outflows in weeks.

• Bitcoin-gold correlation hits six-year high amid ETF inflows

  Bitwise data shows 90-day correlation near 2020 levels, while Glassnode warns such decorrelations are historically short-lived.

• Solana logs 5.2 billion transactions as revenue drops 87%

  Activity hit a record in August, but 21Shares calculated that first-half gross network revenue fell to $141 million.

• FAMI token on Robinhood Chain is not a Robinhood stock token

  A single wallet minted the full 37,430,000 FAMI supply, kept 38% of it, and now runs a price-management contract called PoolRepricer.

• Bitcoin consolidates near $77,500 after 25% August rally

  Analysts say a break below $75,800 is required to confirm the bearish Bart Simpson pattern.

• Bitcoin settles into trading range after $80K rejection

  Spot prices fell from $80K to $76K as on-chain profit holdings reached 68% and the 10-Year Treasury yield hit 4.8%.

• Bitcoin holds near $77,000 as global bond selloff tests recent rally

  Bitcoin traded between $76,800 and $81,600 after a 23% jump, while Japan's 10-year yield held above 3% and Brent crude topped $95.

• Robinhood Chain DEX volume reaches $1.6 billion

  Daily trading volume rose 61% in four days, while total value locked grew to $738 million and bridged assets totaled $2.5 billion.

• Traders Pay Millions for Protection Against Rising Bond Yields

  A $6.5 million position targets the 30-year yield reaching 5.7% by late November as it approaches a 19-year peak.