Bitcoin nears $100K as Fed holds rates steady; Ethereum, Altcoins surge up to 8%
8 Articles
8 Articles
Bitcoin’s Bollinger Bands Signal Bullish Run Toward $160,000
Bitcoin’s latest price action has ignited a flurry of excitement and speculation within the crypto market. The digital gold is flashing major bullish signals that have historically preceded significant rallies. Let’s delve into the technical patterns and analyst forecasts that are stirring the pot. First, let’s examine the Bollinger Band signal that’s got everyone talking. Source
Fed Pause Fuels Bitcoin Fund Surge
The Federal Reserve’s recent decision to keep interest rates constant has sparked investor interest in risk assets, most especially funds connected to Bitcoin and cryptocurrencies. Markets have seen this delay as a dovish tilt, which has driven a notable increase in flows into Bitcoin exchange-traded funds (ETFs), indicating a fresh optimistic mood about the crypto investment scene. Fed Indices Patience: Markets Respond The Federal Open Market C…
Bitcoin Nears $100K: ETH, SOL and Altcoins Signal Breakout
Bitcoin’s bounce off the $93K range has got the whole crypto market buzzing, with key altcoins like Ether, Solana and Dogecoin holding support. As the $100K threshold looms, traders are watching Bitcoin’s price action and selective altcoin patterns for short term rallies. Bitcoin price is still the main topic of discussion as the flagship cryptocurrency is flirting with $100K and bulls are also targeting . Institutional flows are strong with Bla…
QCP Capital: Until Bitcoin's Daily Close Above $100K, Chasing Momentum At Current Levels Has Limited Rewards
Cryptocurrency trading firm based in Singapore, QCP Capital provided an update on recent trends in the cryptocurrency market. According to the firm, the most recent FOMC meeting did not present any unexpected developments. The Federal Reserve decided to maintain the funds rate and reiterated its consistent narrative, which includes a strong US economy, a tight labor market, and inflation that remains slightly above the 2% target. The firm also n…
Bitcoin Nears $100K as Fed Holds Rates Steady; Ethereum, Altcoins Surge up to 8%
Bitcoin burst above the $98,800 level on Thursday, just shy of the eagerly awaited $100,000 threshold. This bullish activity was driven by the U.S. Federal Reserve leaving interest rates steady and hinting at potential ease in the coming months. The action caused a fresh bout of risk-on sentiment across financial markets, with digital assets at the forefront. The Fed’s choice to stick with its existing interest rate policy came following evidenc…
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