Crypto Markets Today: Altcoins Make Their Mark Before Fed Rate Decision

Crypto Markets Today: Altcoins Make Their Mark Before Fed Rate Decision

Bitcoin (BTC) rose to its highest point since Aug. 22 on Wednesday, reaching $117,300 before receding to $116,400.Much of Wednesday's excitement is yet to come, hinging on the Federal Reserve's interest-rate decision at 18:00 UTC and subsequent press conference. The Fed is expected to cut rates by 25 basis points, The early move was intriguing because it stopped at the same point as a notable "CME gap," the disparity between where bitcoin future…

Bitcoin Briefly Shoots Past $116K After Fed Cuts Rates

The 25-basis-point cut marks the first time the U.S. Federal Reserve has lowered its policy rate since December 2024. Fed Cut Sends Bitcoin Above $116K, but Not for Long Wednesday’s interest rate cut by the U.S. Federal Reserve wasn’t much of a surprise, after all, just minutes before the announcement, the CME Group’s Fedwatch Tool […]

Bitcoin options show caution, pro traders boost bullish bets ahead of Fed rate decision – DG Verifications & Stats

The Bitcoin options market reflects caution, while top traders increased their bullish positions as optimism in a Federal Reserve rate cut grows. Market Analysis Key takeaways: The Bitcoin options delta skew rose above the 7% neutral threshold, signaling cautious trader sentiment ahead of the US Fed decision. The top traders’ long-to-short ratio and $292 million spot ETF inflows support optimism despite mixed BTC derivatives. Bitcoin (BTC) app…

Bitcoin at Crucial Pivot Point, Here's Why Fed Can Tilt Balance

Bitcoin volatility might peak as market awaits major FOMC rate cut decision

Bitcoin Price Turns Bullish Above $114,000 With Hidden Divergence Forming

Bitcoin’s price action has managed to break above $115,000 after spending the majority of the past two weeks trading below this level. Bitcoin is now holding firm above $114,000, and the leading cryptocurrency has regained momentum over the past week that shows signs of renewed bullish strength.  According to technical analysis, a hidden bullish divergence is forming with the recent price action this week, and this could be the setup that pushes…

Bitcoin Price Bullish Social Sentiments Elevated Ahead of FOMC, What Could Go Wrong? - The Market Periodical

Key Insights: Analysts set $120,000 as the next target for Bitcoin price, citing a bull flag setup. Bitcoin social sentiment metric turns bullish, amid expectations of the Fed’s 25% bps announcement. Ted Pillows noted that the upcoming FOMC would determine the next direction for Bitcoin. Bitcoin (BTC) social sentiments have turned positive ahead of the upcoming Federal Open Market Committee (FOMC) meetings in the U.S. The crypto market is highl…