All eyes are on the upcoming release of the Fed minutes from the July FOMC meeting, expected later today, which could offer insights into potential rate cuts in September Bitcoin reached a daily high of approximately $60,800 yesterday before facing resistance and pulling back below the critical $60,000 level. The broader crypto market presents a mixed picture today, with some assets rallying More in today's Daily Brief: https://lnkd.in/dna7iDDR
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The small bearish reversal just occurred as predicted , many investors are asking what is next , let me analyze it for them. Fluctuations vis normal crypto trading and it is what solidifies the market, Bitcoin is still going back to 70kdollars
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Leading Indicator Bitcoin May Guide Deflation Reversion has started and calls for the Fed to save us. What's different is the lessons of too much liquidity and #inflation. The launch of US #ETFs, supply reduction and record setting beta in 1Q was a good combination for #bitcoin to make a new high, but the hangover may be enduring. Traded 24/7 and with annual volatility around triple the S&P 500, Bitcoin may lead beta. The full report is on the Bloomberg terminal here: https://lnkd.in/dk2UgWww {BI COMD} #commodities #stockmarket #macroeconomic Bloomberg Intelligence
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February saw minimal movement in the FX market, with AUD/USD trading in a tight range. The spotlight remains on US interest rates and the anticipated Federal Reserve cuts, potentially aligning with similar actions from the ECB and BOE in a rare 'triple witching'. Meanwhile, the crypto sector experienced a stark contrast, with Bitcoin surging 43.7% due to new US ETFs, a sense of peak interest rates, and the upcoming Bitcoin Halving in April. A dynamic month highlighting the diverse rhythms of traditional and crypto markets. #ebonfx #fxmarket #bitcoin #interestrates #cryptotrends #marketanalysis
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Institutional inflows have changed all the dynamics in crypto. This is something to keep in mind for the next cycle. Altcoins rotations aren’t as simple anymore. Retail hasn’t fully entered yet, but prices are already near ATH… Bitcoin dominance is high as hell! Another detail is the movement speed, its is not fast as used to be in my conception. 7 months in the range highs, I expect in some years BTC volatility cool down a little bit. That’s the price of big players in the game. Anyway that’s BULLISH!
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💰 **Bitcoin Pros Bet on Price Dip, Despite Chill CPI Report** Yesterday's softer U.S. inflation numbers didn’t fool anyone! 🧐 Investors are still shelling out for short-term downside protection on bitcoin futures, says CF Benchmarks' analysis of CME options. Even with BTC popping over $66K, the demand for OTM puts (over-the-market) is higher than for calls, signaling rising volatility ahead. [Source](https://lnkd.in/geDv7UWN) #CryptoTrends #BitcoinPrice #MarketWatch
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📉 What to Expect from the Upcoming Fed Rate Cut on September 18 ❓ Curious about how the Federal Reserve's rate cut might impact the crypto market? Our latest article explores: (https://lnkd.in/eXuN_mda) ➖ Historical Impact: How past rate cuts shaped markets, including the Nasdaq and Bitcoin. ➖ Lag Effect: Why you might not see instant changes and what factors come into play. ➖ Market Reactions: How low rates could affect crypto liquidity and investor behavior. Discover the full story and get ahead of the game! (https://lnkd.in/ex4STzQ8) WALLET - https://t.me/SwapsterBot SOCIAL MEDIA - https://linktr.ee/swapster SUPPORT - https://lnkd.in/diM8KmG4
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Crypto update: Keep an eye on the 50-MA/4hr as short-term resistance. This moving average serves as a key indicator for support/resistance in our trading timeframe. Bitcoin's reaction and volume on a rally above will provide insights into the prevailing bullish sentiment.
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Bitcoin Price Dropped to $62,000 While All Eyes Turned to the FED Interest Rate Decision! Analysts Pointed to This Date for the First Interest... ➡️ Read All : https://lnkd.in/ejn6GdYz The FED left interest rates unchanged at 5.25-5.50 percent in March. After the March decision, the markets turned to the May interest rate decision this... [...] #FEDDecision #InterestRates #InflationConcerns #EconomicForecast #BitcoinDrop #Crypto #Bitcoin #NBTC
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It’s an important week for #Bitcoin and #Altcoins. This week, we’ve got CPI, PP, and the FED meeting. It's like clockwork: every time there's a FED meeting, the crypto markets correct substantially beforehand.
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Editorial Director at The Digital Commonwealth
3moShould be interesting to see what impact this may have on the markets.