Liquidity, which crypto feeds on, is drying up. Watch Bitcoin even if you don’t play in the crypto space. It’s a great risk indicator, and right now it is shouting “RISK OFF”. Avoid (BTC) and (MSTR), it’s too late to short.

The outage had taken down the websites for everything from the chief US energy regulator, ChatGPT, the New Jersey transit authority, and the social-media platform X. ChatGPT and X were among the services that were back online by 10 a.m. New York time. A Cloudflare spokesperson said the company observed a “spike in unusual traffic” to one of its services around 6:20 a.m. ET, causing some traffic passing through its network to experience errors. The issue was fixed within six hours, according to the company. Avoid (NET).

taking its holdings up to 640,418 bitcoin, worth around $70 billion. Strategy Inc. sold €775 million ($898 million) preferred shares at 80 cents on the euro earlier this month. Now, with Bitcoin prices in freefall, the few traders offering prices on the stock are willing to sell at about 78 cents and buy a couple of cents lower, according to two people familiar with the matter, who asked not to be named as the prices were shared privately. Strategy has been doubling down despite the recent crypto rout. The firm bought $835.6 million in Bitcoin in the seven days ended Sunday, the largest purchase by the firm since July. The company appeared to finance the majority of the purchases with the proceeds of the euro preferred offering.

Continued claims for jobless benefits - those receiving benefits beyond an initial week of relief - rose to 1.957 million in the week ended October 18, updated figures posted to a Labor Department website showed on Tuesday. That was up 10,000 from the prior week and was the highest since early August. It was up notably from the 1.916 million level in the week ended September 13, the last week of data to have been reported prior to the start of the shutdown on October 1.

U.S. homebuilder sentiment remained subdued in November as concerns about the labor market and household finances weighed on demand, contributing to a surge in the share of builders slashing prices to reduce new housing inventory. The National Association of Home Builders/Wells Fargo Housing Market Index edged up one point to 38 this month. It remained below the 50 breakeven point for the 19th straight month. Economists polled by Reuters had forecast the index unchanged at 37.