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.
Traders on Polymarket currently assign a 64% probability that Bitcoin will reach $80,000 by the end of September, while a dip to $75,000 is considered more likely at 68.5%. The market's pricing reflects real trader positioning, with lower chances for...
Bitcoin's price faces strong resistance between $77,100 and $81,700 due to long-term holders selling up to 539,000 BTC in this range, creating a dense supply zone. The price must close above the 365-day moving average at $81,700 to confirm a bullish ...
Bitcoin's price experienced a volatile $3,215 intraday swing but settled around $77,300 with a modest 0.2% gain, reflecting a cautious market. The longer-term trend remains healthy, supported by strong moving averages, but short-term momentum is mixe...
A cryptocurrency whale that sold 50,600 ETH near the 2025 peak has spent $85.42 million in stablecoins to buy 1,075.6 BTC at an average price of $79,412 over four days. The whale still holds $74.32 million in stablecoins and is currently about $2.35 ...
Bitcoin surged above $79,000 after US core annual inflation dropped to a 66-month low of 2.4%, signaling easing inflation pressures. However, the monthly core CPI rose 0.3%, higher than expected, boosting the probability of a Federal Reserve rate hik...
