BTC fell back to about $85,600 after sellers turned it away from $87,000 for the third time since Sept. 23, while Nasdaq closed at a record and Treasury yields kept climbing.
Yesterday, the total net outflow of US Bitcoin spot ETFs was $89.8 million, including a net inflow of $69.9 million from IBIT, $74.5 million from FBTC, and $85.2 million from ARKB; The Ethereum spot ETF had a total net outflow of $18.9 million, of which FETH had a net outflow of $18.9 million. (Source: Farside)
Several officials from the Bank of Japan are cautious about raising interest rates in October and tend to observe more financial data first. The Bank of Japan may suggest at its October meeting that the potential inflation rate has roughly reached its target of 2%.
Roman Storm stated that the US Treasury Department acknowledged in a document that there are issues with the rules regarding coin mixers and mentioned that the policy has a chilling effect on legitimate activities. Although the US Treasury Department believes there are policy issues, the US Department of Justice still insists that transactions conducted through Tornado Cash constitute illegal behavior. Roman Storm has been detained and charged for over 1139 days, and a new document submitted today by the Southern District Federal Court in New York shows that the US Department of Justice is still pushing for his conviction.