BTCUSDT The US announced that the seasonally adjusted non-farm payrolls in March were 228k, an increase higher than the market expectation of 135k. The US unemployment rate rose to 4.2% in March, with an expected 4.1% and a previous value of 4.10%.
BTCUSDT Puts are trading at a premium to calls, signaling a spike in demand for downside protection. This skew is most pronounced in short-term maturities - a level of fear not seen since BTC was in the $20Ks in mid-’23.
Despite this, BTC hasn't broken down like equities did on recent tariff headlines. That disconnect - rising panic without a price collapse - makes the current options market setup especially notable.
Skew like this usually appears when positioning is one-sided and fear runs high. TLDR: panic is elevated, but price is holding. That’s often what a bottom looks like
XRPUSDT At 15:04 UTC+8, Ripple unlocked 500 million XRP, worth approximately $1.02 billion, from the escrow account marked "Ripple (27)" and transferred it to addresses marked "Ripple (12)" and "Ripple (13)". Currently, Ripple (27) still holds 500 million XRP