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.
A Hyperliquid trader expanded their Bitcoin long position by adding 311.65 BTC, bringing the total to 486.6 BTC valued at about $41.11 million. Despite this large position, the trader faces an unrealized loss of approximately $724,100 because the cur...
Bitcoin's price started October 1 at $84,000, surged near $87,000 after weak US jobs data and lower Fed rate hike odds, but ended unchanged, reflecting a $50 billion intraday swing. The volatility was triggered by news of Iran striking an oil tanker ...
A Bitcoin wallet that had been inactive for 14.2 years recently transferred 600 BTC, valued at approximately $51.15 million. This movement occurred while Bitcoin traded below a recent peak of $87,341, with the latest price around $84,490, up 0.63% in...
Supercycle Finance, led by CEO Michael Terpin, launched a bitcoin treasury program that differs from typical firms by planning to sell bitcoin holdings when prices are high rather than only accumulating BTC. The firm follows a strategy of buying bitc...
Analyst Ali Martinez projects XRP's price could surge to around $31.87, a nearly 2000% increase from its current level of about $1.53, based on an ascending triangle pattern on its monthly chart. This potential breakout hinges on XRP surpassing the $...
