We’re excited to bring you the weekly updates, insights, and opportunities to enhance your trading experience with Delta Exchange.
WEEKLY SNAPSHOT
Note: Last Price mentioned in Weekly Returns table are as observed on 31st August, 11:59 AM IST and in the Top 3 Alt Coins table are as observed on 30th August, 11:59 PM IST.
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CRYPTO NEWS
1. Crypto Markets & Liquidations
Bitcoin briefly moved above $81,000 before pulling back toward $77,000 as the Fed outlook turned more hawkish. The broader crypto market also cooled after the strong August rally, with leveraged positions being reduced.
Source: CoinDesk, CoinGlass
2. BTC & ETH ETF Flows
U.S. spot Bitcoin ETFs recorded strong inflows through August 27, extending the inflow streak to nine sessions. Bitcoin ETFs attracted $242.3 million on August 27, while August 28 saw a $201.9 million outflow. ETH ETFs also maintained strong institutional demand during the week.
Source: Farside Investors, SoSoValue
3. Ethereum & Altcoins
Ethereum remained one of the strongest major assets during the rally, supported by institutional ETF demand. SOL, XRP and other large-cap altcoins also gained, but the recent correction shows that broader altcoin participation remains sensitive to BTC momentum and liquidity.
Source: CoinDesk, CoinGlass
4. On-Chain & Institutional Demand
Institutional flows remained supportive, but spot demand and on-chain activity have not strengthened as much as prices. This divergence is important because continued ETF buying without stronger spot-market participation could make the rally more vulnerable to profit-taking.
Source: Glassnode, CryptoQuant
5. Fed, PCE & Jackson Hole
July PCE inflation remained elevated, with headline PCE at 3.7% year-on-year. At Jackson Hole, Fed Chair Kevin Warsh stressed that inflation remained too high and indicated that further policy action could be required. Markets subsequently increased September rate-hike expectations.
Source: U.S. BEA, Federal Reserve
6. U.S. Markets & Nvidia
Nvidia reported quarterly revenue of $96.2 billion and guided for approximately $108 billion in the next quarter. Its outlook reinforced expectations that AI infrastructure spending remains strong, although semiconductor valuations and rising yields continue to create volatility.
Source: Nvidia, Reuters
7. U.S. Equities & Global Markets
U.S. technology stocks initially benefited from Nvidia’s results, but markets weakened toward the end of the week as higher yields and Fed concerns returned. Asian and European markets also came under pressure as oil and rate expectations increased.
Source: Reuters, Bloomberg
8. Gold & Silver
Gold fell sharply from recent highs as the stronger dollar and higher-rate expectations reduced demand for non-yielding assets. Silver also corrected, trading around $66–67 as precious metals faced broader pressure.
Source: Reuters, Bloomberg, Moneycontrol
9. Oil & Geopolitical Risk
Brent crude moved back above $90 as U.S.–Iran tensions escalated and concerns around the Strait of Hormuz increased. Higher energy prices are again becoming an inflation risk and could complicate the Fed’s September decision.
Source: Reuters, Moneycontrol
OPTIONS OI ANALYTICS FOR UPCOMING WEEK
OI Analytics for the upcoming week: BTCUSD
Significant Call writing begins at $88,000, while heavy Put writing is seen at $70,000. With the PCR at 4.83, the OI data points to extremely bullish conditions for the coming week. Call writing remains relatively scarce at higher levels, indicating limited resistance on the upside.
OI Analytics for the upcoming week: ETHUSD
For ETH, Call-side open interest is heavily concentrated around the $2,900 strike, while significant Put open interest starts from the $1,900 level. With the PCR at 1.57, the options structure points to a bullish bias, driven by strong Put writing and comparatively limited Call-side positioning.
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USA WEEK AHEAD (IST): [HIGH IMPACT DATA]
Tuesday, September 1 - 7:30 PM - JOLTs Job Openings, ISM Manufacturing PMI
Thursday, September 3 - 7:30 PM - ISM Services PMI
Friday, September 4 - 6:00 PM - Non Farm Payrolls, Unemployment Rate
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Delta Exchange Team