Bitcoin and Ethereum prices increased by 1.80% and 2.71% respectively, signaling investor preference for large-cap cryptocurrencies despite mixed performance among altcoins. Bitcoin dominance rose to 57.92% and Ethereum's to 9.87%, indicating capital rotation toward more liquid, lower-risk assets. Meanwhile, trading volumes in DeFi, stablecoins, and derivatives declined, suggesting cautious market sentiment and selective buying rather than broad enthusiasm. The market's near-term direction depends on whether large caps can sustain momentum without a rebound in overall market liquidity and risk appetite.
Ethereum is showing strong signs of reaching $3,000, supported by a 70%+ expected ROI this quarter and significant institutional interest, including $1.01 billion in recent ETF purchases by BlackRock. Whale activity and growing long positions indicat...
US business activity surged in September to its fastest pace since July 2021, pushing expectations for a Federal Reserve rate hike in October to about 70%. This led to higher Treasury yields, with the 10-year yield rising above 5%, and caused decline...
Bitcoin and Ether prices fell sharply, with Bitcoin dropping to $83,500 and Ether to $2,635, triggering $545 million in crypto liquidations over 24 hours. Most losses came from leveraged long positions, accounting for $447 million of the total $545 m...
The Federal Reserve raised its federal funds rate by 25 basis points to 3.75%-4.00%, fueling speculation about further monetary tightening. This move has caused financial markets, including Bitcoin, to adjust expectations due to potential impacts on ...
US Treasury yields have surged, with the 10-year note hitting around 5%, levels not seen since 2007. This rise increases borrowing costs for consumers and businesses, raising concerns about slower economic growth. In the crypto market, higher yields ...
