Bitcoin Rebounds to $82K as Crypto Market Faces Weekly Losses 
Crypto Liquidation Flush: BTC & ETH at a Glance 
XRP Ledger Agentic Payments Surge Past 13 Million Transactions 
Bitcoin ETFs Lose $681 Million, Ending Three-Week Inflow Streak 
Dogecoin Price Rises as Bitwise Plans DOGE ETF Closure 
DWF Labs Sues BitGo for $114 Million Over Alleged Token Sales Breach 
XRP Price Eyes $1.50 as ETFs Attract $8.17M Inflows 
Solana Whale Moves $51M in SOL to Coinbase Amid Price Drop 
Cardano Price Drops 14% as ADA Funding Rate Hits Four-Month Low 
Zcash Plans Quantum-Resistant Security Upgrade for January 
MSTR Stock Rises as Barclays Raises Price Target to $175 
Ledger Investigates Alleged $86 Million Crypto Wallet Theft 
XRP Ledger Activates New Security Feature for Banks and Stablecoins 
Dogecoin Liquidations Surge as DOGE Bulls Face Heavy Losses 
Add as a preferred source on Google
Latest reserve data from Swiss National Bank (SNB) suggests SNB might have reduced pace of its intervention in September after heavy firing in July.
In July, SNB reported net change in FX reserve by $15.2 billion, which was highest since December last year, just a month before SNB withdrew its 1.20 floor in Euro/Franc.
Back in July, Euro was hovering against France at around 1.03 level, from where by next two month Euro was back trading above 1.10 against Franc. SNB was slowly reducing the pace of intervention from July. In August FX reserve rose by around $9 billion and in September just by $2 billion.
SNB has the largest balance sheet compared to GDP, which is now close to 90% of GDP. So the bank is not likely to continue its massive intervention in the EUR/CHF market but instead push the pair to the direction and let the market do the rest.
Net change in FX reserve is shown in the figure.
It can be inferred from the intervention pattern that SNB in the short term comfortable with the pair trading around 1.10, while utterly discomfort able around 1.03 area.
Euro is currently trading at 1.088 against Dollar.
