Key Highlights: Market-implied expectations for a Federal Reserve interest-rate hike in October fell from approximately 70% to 50%. New York Fed President John Williams said there is âno need to rushâ into another monetary policy move. Williams said inflation remains very high, while the Fed has had enough time to assess economic data since its ...
Key Highlights U.S. Spot Bitcoin ETFs recorded $2.65 billion in net inflows across five consecutive trading days, flipping year-to-date flows positive with $349 million, led by BlackRock commanding half of all demand. Bitcoin surged to an eight-month high of $87,000 before retreating below $84,000 as 10-year Treasury yields climbed to 5.1% and CME FedWatch data ...
Key Highlights CryptoQuant analysis indicates Bitcoin has exited extreme bubble-or-crash conditions and is gradually approaching a full-fledged bullish rally after a period of correction and consolidation. JPMorgan reports institutional investors are more defensively positioned toward Bitcoin than gold, with heavy put-option activity around ETFs such as BlackRock’s IBIT creating potential for $1 trillion in hedge ...
Key Highlights Bitcoin surged approximately 6% on Friday to briefly trade above $81,000, absorbing five major macroeconomic and regulatory headwindsâincluding a failed Senate vote on the CLARITY Act, a Federal Reserve rate hike, and a Bank of Japan rate increaseâwithout a sustained selloff. The rally was driven predominantly by short covering: $470 million in short ...
Key Highlights Ethereum retreated 11.6% from a September 11 high of $2,667 to $2,356, and was trading near $2,495 while testing the $2,530 local resistance zone. Spot Ethereum ETFs recorded $407.3 million in cumulative outflows over three trading days, according to Farside Investors data, signaling short-term bearish pressure. On-chain analytics platform Santiment reported a significant ...
Key Highlights Bitcoin maintains support above $76,000 despite the Clarity Act vote failure and Federal Reserve interest rate hike, with Ethereum trading in a $2,370â$2,430 range. Chinese whale Garrett Jin withdrew 35,001 ETH ($85 million) from Binance to Hyperliquid, likely to fund a 37,760 ZEC short position worth $51.5 million. Bitcoin miner Jiang Zhuoer, founder ...
Diesel Prices Surge Amid Middle East Tensions and Tight Refining Capacity Diesel prices are climbing sharply, driven primarily by escalating geopolitical tensions in the Middle East. The ongoing conflict involving the U.S., Israel, and Iran has disrupted crude oil flows and inflated risk premiums on refined products. Constrained refinery capacity worldwide, combined with robust demand ...
The U.S. House Financial Services Committee advanced the American Reserve Modernization Act of 2026 (H.R. 8957) on September 16, marking a procedural milestone for the proposed Strategic Bitcoin Reserve. The legislation passed on a 28-21 party-line vote, with Republicans comprising the majority. Despite the committee approval, prediction markets now assign a 6% probability the bill ...
Federal Reserve Poised for First Rate Hike Since 2023 Amid Inflation Pressure Wall Street is bracing for the Federal Reserve to raise interest rates on Wednesday, a move that would mark the first increase since 2023. The Federal Open Market Committee concludes its two-day meeting this week, and CME’s FedWatch tool places the probability of ...
The cryptocurrency market shed more than 2% of its total value on Sept. 15, dragging Bitcoin below the $76,000 threshold as traders braced for a widely expected Federal Reserve rate hike and a pivotal Senate procedural vote on the CLARITY Act. Broad-based sell-off hits digital assets Data showed the aggregate crypto market capitalization falling to ...
Crypto Market Correction Deepens as Bitcoin Slides Below $78K Amid Macroeconomic Pressure The cryptocurrency market is facing renewed selling pressure, with Bitcoin (BTC) failing to sustain its recent recovery and sliding toward the $77,000 level. Over the past 24 hours, BTC has dropped from approximately $78,500 to around $77,225, dragging the broader market down with ...
Wall Street Faces Mixed Open as Inflation Data and AI Developments Drive Focus U.S. stock futures pointed to a mixed start Tuesday, with S&P 500 futures edging lower while Nasdaq futures climbed. Treasury yields pulled back from morning highs, offering equities some breathing room. Meanwhile, Brent crude surpassed $99 a barrel amid renewed Middle East ...