Bitcoin price climbed to around $64,400 after the Federal Reserve decided to keep interest rates unchanged at 3.50% to 3.75% following its July meeting. The Fed's decision to pause rate hikes for the fifth consecutive time came amid mixed views within the committee and ongoing inflation concerns, with inflation still above the 2% target. Rising oil prices and geopolitical tensions add uncertainty to inflation outlooks, but the Fed signaled no immediate plans to ease policy. Crypto markets showed modest gains as investors reacted cautiously to the Fed's split vote and ongoing inflation risks.
Bitcoin and Ethereum posted modest gains while major altcoins showed mixed performance, signaling selective risk appetite in the crypto market. Bitcoin's market dominance rose to 58.80%, indicating capital concentration in the most liquid asset, whil...
Cryptocurrency prices exhibit varied changes, with Bitcoin trading above $64,000 and Ethereum near $1,918. Altcoins such as Cardano (ADA) and Uniswap (UNI) show significant gains, rising by nearly 6% and 3.4% respectively. This mixed performance refl...
Bitcoin's Open Interest (OI) in futures has surged to a two-month high, reaching about 750,000 BTC worth nearly $48 billion. This rise indicates increased leveraged speculative trading, with major exchanges like Binance, Gate.io, and Bybit seeing sig...
Trader DonAlt, known for his accurate 700% XRP prediction, highlights $64,000 as a critical Bitcoin price level. He identifies a resistance zone between $66,600 and $68,000; a weekly close above this could spark a new rally toward all-time highs. Con...
The Federal Reserve's upcoming interest rate decision has divided market expectations, with a 64.2% chance rates remain unchanged and 35.8% chance of a 25 basis point hike. This uncertainty has led Bitcoin traders to adopt defensive positions, reflec...
