Bitcoin And Crypto Market Set To Bounce As Rate Cut Probabilities Touch 98.3%
The next Federal Open Market Committee (FOMC) meeting is fast approaching, and the bets are already pouring in as to what it would mean for the Bitcoin and crypto industry. The last FOMC meeting took place in September, when the Federal Reserve ended up cutting rates down to 4-4.25% after months of no rate cuts. With this setting the tone, the expectations that another rate cut could be on the way are getting louder, with the FedWatch Tool showing a high percentage. Market Expects Another Rate Cut To 3.75-4% The next FOMC meeting is scheduled for Wednesday, October 29, 2025, and there is....
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In the weeks leading up to the Fed announcement scheduled for September 17, expectations in the crypto and broader finance community had shot up that the Fed would finally implement rate cuts. As a result, the target rate probabilities on the FedWatch Tool had seen a peak of 97.6% expectancy of a rate cut. With […]
Here’s what futures market data could suggest about whether this latest Bitcoin recovery will be a dead-cat bounce or not. Bitcoin Futures Market Shows No Signs Of Overheating So Far As explained by an analyst in a CryptoQuant Quicktake post, the BTC funding rate has stabilized around a relatively low value recently. The “funding rate” […]
Last Week we concluded with the following: It is impossible to say at this moment whether the US$255 low will be it for the year, but it sure does not feel like it. The US$275 low in October had a stronger reversal so most likely we will see lower lows in the very near future. For the time being however, this oversold condition needs to be relieved so a bounce here back to US$300, US$315 (point of the breakdown) and even US$330 (50-day SMA) is the most likely outcome. “Bitcoin will see exponential adoption once the sovereign debt bubble pops. Look for signs coming out of Europe towards the....
Bitcoin (BTC) hasn’t been in its best state lately, falling from a high of over $69,000 to the current price of around $19,174. While the coin has lost over 71% of its value since November 2021, some key experts believe it’ll lose more before finding stability again. According to Florian Grummes, the managing director of Midas Touch Consulting, the pioneer crypto may fall below $10k. He further stated that it might reach $6k before finding support and start gaining traction. Related Reading: Crypto Market Shows No Signs Of Positive Movement, Is ‘Uptober’ A Myth? Midas Touch....
PRESS RELEASE. Finity Touch will surprise the crypto community with its unique features and an already large but growing ecosystem.
The team of Finity Touch is happy to present Finity Skills. Finity Skills is the first product of the Finity Touch Ecosystem, which will be available in October 2022. What makes this news even more extraordinary is that the company started the development of the product just in the summer. The amount and quality of the information invested in the product are exceptional. The team understands the value of knowledge about crypto and the Web 3.0....