The US dollar index surged to a 13-month high driven by growing speculation of a Federal Reserve rate hike amid persistent inflation and high energy prices. This strengthened dollar has pressured Bitcoin and Ethereum, which typically move inversely to the dollar. Markets now see about a 32% chance of a 25 basis point rate increase at the July 29 Fed meeting, making it a key date for both traditional and crypto investors. Energy prices remain a critical factor influencing inflation and Fed policy direction.
XRP's price declined to around $1.06 as investors remain cautious ahead of a US vote on the Clarity Act, which could clarify crypto regulations. Despite growing on-chain activity and Ripple's launch of institutional tools like Ripple Mint, XRP faces ...
Sui (SUI) cryptocurrency fell 8.76% over the past week, pressured by upcoming token unlocks totaling 13.72 million tokens on August 1, which may increase supply and selling pressure. The market shows short-term bearish sentiment with declining open i...
Crypto analyst Kevin Capital suggests Bitcoin could fall to $44,000 but recommends starting gradual purchases now rather than waiting for the exact bottom. He notes Bitcoin is in a typical bear-market bottoming phase from July to October and has alre...
Ethereum's price strength against Bitcoin has hit its highest level in three months, signaling a possible uptrend. Analysts highlight a breakout above key resistance levels and bullish chart patterns suggesting further gains. Short-term targets near ...
Bitcoin whales have increased their accumulation to the highest level seen in five months, according to onchain data from CryptoQuant. This surge indicates a significant divergence in behavior among large holders, which could impact market dynamics. ...
