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Trump Issues Serious Fed Warning As $4.1 Trillion Crypto Price Boom Ignites Bitcoin, Ethereum And XRP
The total cryptocurrency market value surpassed $4.1 trillion as traders anticipate a Federal Reserve interest rate cut with a 96% probability, driven by positive U.S. inflation data.
- Bitcoin, Ethereum, and XRP surged this week as the combined crypto market surpassed $4.1 trillion amid rising investor optimism.
- This rally followed a dovish shift in Federal Reserve rhetoric and growing bets on a September rate cut amid signs of slowing U.S. labor market.
- Institutional investors, led by corporate treasuries and large Ether ETF inflows, fueled the move, while derivatives markets saw increased activity.
- A trader expressed that the Federal Reserve's actions have encouraged investors to anticipate and act ahead of the economic rebound, a sentiment that is largely fueling the rally despite shaky underlying fundamentals.
- If the Fed follows through with rate cuts, prices could break new highs, but inflation surprises or profit-taking may destabilize the market.
13 Articles
13 Articles
Dollar struggles as Fed rate-cut bets build; bitcoin soars to record high
TOKYO :The U.S. dollar languished at multi-week lows against major peers on Thursday as traders ramped up bets for the Federal Reserve to resume cutting interest rates next month.Rising expectations for Fed easing combined with increasing institutional cryptocurrency investment powered bitcoin to a fresh reco
The institutional capital enters full into the crypto, which has risen by 240% in the last 120 days and is already the twenty-second active in capitalization after surpassing Netflix and MasterCard Read
Forget the Crypto Bros. Wall Street Is Driving the New Crypto Boom
The crypto market is on fire again, but the fuel isn't coming from social media hype. It's coming from institutional investors making a massive bet that the Federal Reserve is about to make money cheap again.
Crypto Market Surges as Key Economic Data Shifts Investor Focus
Bitcoin hit a new all-time high before retreating to $120,000. US PPI data significantly exceeded expectations, impacting market sentiment. Continue Reading: Crypto Market Surges as Key Economic Data Shifts Investor Focus The post Crypto Market Surges as Key Economic Data Shifts Investor Focus appea...
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