The likelihood of a Federal Reserve interest rate hike on September 16 has surged to 86.5%, putting pressure on major cryptocurrencies like Bitcoin, Ethereum, and XRP. This potential rate increase is driven by rising U.S. inflation data, which has unsettled crypto markets. Bitcoin is consolidating near key resistance levels, Ethereum eyes a move toward $3,000 if it breaks current resistance, while XRP struggles to hold critical support at $1.35 amid whale selling and reduced network activity. The Fed's decision will significantly impact borrowing costs and risk assets, making the upcoming meeting crucial for crypto traders.
The Pepe (PEPE) token fell 15.04% in 24 hours, marking the largest loss among the top 90 cryptocurrencies by market cap, excluding stablecoins. PEPE traded at $0.00000445 and dropped from 43rd to 46th in ranking. Meanwhile, some tokens like Midnight ...
In the past 24 hours, Bitcoin (BTC), USD Coin (USDC), and Tether (USDT) recorded net inflows, indicating increased investor interest. BTC had net inflows of $28.17 million, USDC led with $67.15 million, and USDT followed with $24.79 million. Converse...
Bitcoin reached $73,091 on Binance's spot market at 7:15 a.m. ET on Nov. 12, briefly crossing the $73,000 mark. This price snapshot shows a short-term increase of $182 within 15 minutes, although the one-hour trend was slightly down by 0.42%. The dat...
CME FedWatch indicates a 100% chance of a Federal Reserve rate hike in December, adding pressure on Bitcoin and the broader crypto market. Bitcoin's price has been declining due to risk concerns and competition from tech stocks, trading below $73,000...
An unidentified crypto trader closed long positions worth $32.85 million in Bitcoin and Ether on Nov. 12, realizing a combined profit of about $142,000. The trader sold 331.49 BTC at an average price of $74,181, making roughly $133,500 profit, and 4,...
