Spot Demand Returns, PMI Data + Shutdown Optimism Bolsters Crypto Rebound

Discussed in today's video:

Spot-led rebound: Today’s crypto rally was driven mainly by spot demand, not short covering. Open interest rose as funding rates declined, and a brief Coinbase premium indicated strong U.S. buying. Growth-positive data: ISM Services PMI came in at 52.4, easing growth concerns. Shutdown progress: Post-election tone in Congress suggests movement toward resolving the government shutdown, which would be liquidity positive as Treasury outflows resume and reser...

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