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
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
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
Cryptocurrencies have seen a downturn as the markets reacted to the continuing crypto-related tensions between the U.S. and China. Worries about the latest stablecoin regulations issued by the Bank of England have influenced market sentiment. The total value of the crypto market has dropped by more than a quarter percent in the past 24 hours. … Read more
Cryptocurrencies experienced a significant surge in the past 24 hours, driven by optimism surrounding a potential massive liquidity infusion through tariff dividends, which has positively influenced sentiment in the concrete advancements in resolving the U.S. government shutdown further bolstered market sentiment. In the last 24 hours, the overall cryptocurrency market capitalization saw a notable increase … Read more