What Investors Should Watch: Fed Decision, Economic Data, and Crypto’s Next Move
As markets brace for the week, three major drivers stand out for investors: the Federal Reserve’s rate-decision, fresh economic data, and the ripple effect through the crypto ecosystem. Related Reading: Solana Jitters Don’t Scare Whales As They Persistently Load Up On SOL – A Rally Ahead? With macroeconomics and digital assets increasingly intertwined, staying ahead […]
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In the latest episode of Bitcoin Magazine's Fed Watch podcast, macro economic pundit Lyn Alden discusses economic crisis analysis. The post Video: Fed Watch — Economic Crisis Analysis With Lyn Alden appeared first on Bitcoin Magazine.
Traders are accumulating Bitcoin on dips and a break above $11,600 could resume the uptrend to $12,000. Data from Skew shows Bitcoin’s (BTC) spot volume on LMAX Digital, an exchange that mainly caters to institutions, has overtaken retail-oriented exchanges. This signals that institutional investors could be building up positions as they expect the price to move higher in the future.Along with spot purchases, institutional investors’ participation in the derivatives market has also increased. Data from Arcane Research shows that a record number of investors are taking delivery of Bitcoin....
Crypto’s bleeding pretty badly today, with red dominating the charts. Bitcoin ($BTC) sits around $115,440, down –2.23% in 24 hours. Ethereum ($ETH) has slipped to $4,287 after a –4.22% daily drop, while Solana ($SOL) also has fallen –5.55% in 24h to $181. Even Dogecoin ($DOGE), the OG meme coin, has dumped to $0.2229, losing –4.68%. […]
Ethereum broke below $600 once again following what appeared to be a sustained bout of trading above this level The selling pressure seen here has proven to be quite intense, and may continue slowing the crypto’s ascent The crucial resistance level to watch closely sits at $620, as this level has sparked numerous rejections for the cryptocurrency If ETH is to gain any near-term momentum, $600 must be firmly reclaimed One trader believes that there’s […]
Discriminatory fundraising that further advantages wealthy investors has long plagued the world’s impoverished population. After generations of systematic economic abuse, cryptocurrency emerged as a great equalizer. Unfortunately, in the years since crypto’s inception, investment in the burgeoning asset class has also become inequitable. Cryptocurrency is not only highly volatile and extremely risky but too often, […]