Cryptocurrencies have experienced a decline as market participants exercise caution ahead of the Federal Open Markets Committee’s interest rate decision, set to be revealed on today. Market participants are closely monitoring the rate cut decision alongside the implications of potential forward guidance. The upcoming labor market updates from the U.S. on Tuesday morning have heightened … Read more
Sentiment in cryptocurrency markets has declined as concerns grow ahead of the forthcoming release of the PCE-based inflation readings from the U.S. for September. The postponed data is quite significant, as inflation readings based on PCE are regarded as the preferred gauge of inflation by the Fed. On Thursday, outflows from Bitcoin and Ethereum Spot … Read more
Cryptocurrencies have continued to rise, driven by the dollar’s weakness, which is largely attributed to robust expectations for rate cuts from the Federal Reserve. The U.S. Dollar Index hovering around a 30-day low has bolstered sentiment for cryptocurrencies. The index that gauges the strength of the U.S. Dollar against a basket of six currencies stands … Read more
Cryptocurrencies experienced a slight rebound despite the ongoing presence of bearish projections that influenced market sentiment. The overall crypto market capitalization saw an uptick as markets processed the latest updates from Bitcoin investor Strategy Inc and insights from AI safety and research firm Anthropic, alongside rising demand for XRP ETF products. Bitcoin fluctuated between $88,537 … Read more
Cryptocurrencies have experienced a significant downturn, driven by a wave of negative news impacting the sector. Hawkish hints regarding interest rate hikes from the Governor of the Bank of Japan, a price manipulation exploit in the DeFi yield aggregator Yearn Finance, concerns over Strategy, Inc., a leading Bitcoin treasury company potentially offloading some of its … Read more
Ethereum has seen robust trading activity consistently throughout 2025. Notably, data indicates that spot trading volume across exchanges hit $375 billion in November. In the meantime, the volume of exchange-traded funds surged to almost $35 billion. Analysis reveals that Ethereum kicked off the year marked by notable volatility in its monthly trading activity, with total … Read more
Sentiment remains strong in the cryptocurrency markets as excitement grows for a potential rate cut at the upcoming December FOMC meeting. Markets responded to the outage at the CME Group, which affected crypto futures trading, the security breach at South Korea’s Upbit cryptocurrency exchange, and the recent downgrade of stablecoin Tether’s rating by S&P Global. … Read more
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