Bitcoin Consolidates Above $115K As Market Eyes Fed’s Sept 17 Policy Move
Bitcoin has gained 7% since the start of September, showing renewed strength after weeks of uneven price action. Yet, the market is bracing for heightened volatility in the coming days as attention shifts to this Wednesday’s Federal Reserve meeting. Investors widely expect a rate cut, but the size of the move remains the key question shaping sentiment. Related Reading: Three Whales Buy $205M Ethereum From FalconX: Institutional Flows Accelerate If the Fed opts for a 25 basis point cut, many analysts see it as a measured and healthy pivot that could support risk assets, including Bitcoin,....
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Bitcoin is trading above the $115,000 mark as markets brace for tomorrow’s critical decision from the US Federal Reserve. This week promises to be decisive, as the outcome of the Fed meeting will provide a clearer macroeconomic picture, shaping the outlook for risk assets, including cryptocurrencies. Related Reading: Bitcoin Consolidates Above $115K As Market Eyes Fed’s Sept 17 Policy Move Investors are widely expecting an interest rate cut, but uncertainty remains over the scale and pace of policy easing. A 25-basis-point cut could be seen as a measured pivot, signaling confidence in a....
Nasdaq-listed firm Helius Medical Technologies Inc. unveiled the launch of a $500 million Solana-focused Digital Asset Treasury (DAT) backed by Pantera Capital and Summer Capital. Related Reading: Bitcoin Consolidates Above $115K As Market Eyes Fed’s Sept 17 Policy Move Helius Reveals Solana Treasury Strategy On Monday, Helius Medical Technologies, a neurotech company in the medical device field, announced an oversubscribed private investment in public equity (PIPE) offering of common stock to launch a new Solana treasury strategy. The offering, led by Pantera Capital and Summer Capital,....
The FOMC's decision on Sept. 21 could cause traders to reduce their risk exposure, limiting the recent gains seen across the crypto market. The 13% gains in the six days leading to Sept. 12 brought the total crypto market capitalization closer to $1.1 trillion, but this was not enough to break the descending trend. As a result, the overall trend for the past 55 days has been bearish, with the latest support test on Sept. 7 at a $950 billion total market cap.Total crypto market cap, USD. Source: TradingViewAn improvement in traditional markets has accompanied the recent 13% crypto market....
BTC, the Nasdaq and the S&P 500 have all reacted positively to the Fed’s policy which came in line with expectations.
The Federal Reserve is set to raise interest rates this week. Here’s why traders expect a 0.75% hike to trigger a crypto market rally. The S&P 500 and the Nasdaq Composite index suffered their worst weekly performance since June as investors remain concerned that the Federal Reserve will have to continue with its aggressive monetary policy to curb inflation and that could lead to a recession in the United States.Bitcoin (BTC) remains closely correlated to the S&P 500 and is on track to fall more than 9% this week. If this correlation continues, it could bring more pain to the....