Market sentiment continues to be subdued, with cryptocurrencies showing a mixed performance. This comes as traders maintain firm expectations for another rate cut by the Federal Reserve in the upcoming December review. Softer economic data emerging from the U.S., coupled with further indications from Fed officials advocating for additional easing, has fueled optimism in the … Read more
Cryptocurrency markets experienced a slight recovery, fueled by renewed optimism surrounding a potential Fed rate cut in December. The Federal Reserve is set to announce its next interest rate decision in just 15 days. The FOMC’s upcoming meeting on December 10 presents a critical decision point: will they opt for another interest rate cut to … Read more
Sentiment in the cryptocurrency markets continues to be subdued, reflecting the prevailing uncertainty regarding the Federal Reserve’s interest rate decision and various macro-economic indicators. Market sentiment is currently overshadowed by extreme fear, particularly following the outflows from BlackRock’s Bitcoin and Ethereum Spot ETF products in the U.S. Reports indicates that the market’s expectation for a … Read more
As 2025 approaches its conclusion, the cryptocurrency market is maneuvering through a challenging environment shaped by macroeconomic influences, such as AI bubble pressures, interest rate adjustments, and notable cycle shifts, as per reports. Bitcoin remains in the high $90,000 range, but market sentiment has dipped into fear levels that echo the 2020 COVID crash. The … Read more
Sentiment has declined in cryptocurrency markets as fresh worries about the Fed’s monetary policy direction arise, fueled by unexpectedly robust jobs data from the U.S. The notable decline, along with considerable withdrawals from Bitcoin Spot ETF products on Thursday, further unsettled market sentiment. Data indicating that non-farm payrolls increased by 119 thousand in September, showing … Read more
Crypto markets continued their downward trend on Friday, as Bitcoin dipped below $86,000 and Ethereum dropped below the $3,000 mark, reflecting a wider risk-off sentiment. The downturn signifies an ongoing correction from recent peaks, with Bitcoin currently down 31 percent from its October high of $126,198 and Ethereum down 43 percent from its August high … Read more
Sentiment in cryptocurrency markets has experienced a modest increase over the past 24 hours, fueled by optimistic derivative activity and a rebound in global financial markets. Gold and the U.S. dollar have seen an uptick, while bond yields have mostly eased. Following the recent rebound, it’s crucial to recognize that cryptocurrencies continue to trail behind … Read more
Cryptocurrencies faced downward pressure due to macro uncertainties and diminishing expectations for rate cuts. Market leader Bitcoin experienced a decline to $92,971 before making a recovery. Ethereum saw a decline, hitting a low of $3,007. The overall market capitalization reached a 24-hour low of $3.17 trillion. Significant outflows from Bitcoin Spot ETF products in the … Read more
Bitcoin prices plummeted to a six-month low on Monday, weighed down by declining hopes for an interest rate cut from the US Federal Reserve in the upcoming month. The world’s largest cryptocurrency, Bitcoin, saw a price decline of 0.5%, settling at $95,165, following a drop to an intraday low of $92,971.17, marking its weakest point … Read more
Cryptocurrencies faced a notable drop as reduced hopes for rate cuts from the Federal Reserve, along with stern comments from Fed officials, adversely affected market sentiment towards digital assets. The total value of the crypto market has dropped by more than 6 percent in the past 24 hours. In the last 24 hours, Bitcoin reached … Read more