Tu 8/9 | Daily Crypto & Macro News
Happy Tuesday all!
If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
Bitcoin slipped below $80,000 again.
US spot Bitcoin ETFs recorded about $987 million in net inflows last week, the third straight week of inflows. Spot Ether ETFs added roughly $218 million.
Markets now price a 60% chance of a 25 bp hike at the September 16 meeting, 71% by October, and 86% by year-end.
UBS also shifted its outlook and now expects hikes in both September and December.
Gasoline hit a record $4.15 per gallon on Labor Day. US consumers have spent an…
The skinny
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