▪️ The SEC is considering six bitcoin-ETF proposals this week, including one from BlackRock, and 2 more next week. My opinion - most likely they will postpone the deadline, but in the moment volatility may increase. By the way, the same Blackrock invested in 4 of the 5 largest BTC mining companies - positive.
▪️ There are a number of important data coming out, including unemployment, affecting the rate decision in September.
▪️ Shares of the very China Evergrande collapsed by 78% after resuming trading after almost a year and a half break - it seems that the company has serious problems after all. We need to keep an eye on this to make sure it doesn't set off a chain reaction around the world.
