ECONOMIC INDICATORS - Trade Savi - 360-degree view on crypto market

CRYPTO MOVERS ECONOMIC INDICATORS

Ethereum outperforms bitcoin after Fed rate cut, signaling bullish market sentiment

Ethereum has outperformed bitcoin since the U.S. Federal Reserve cut its Federal Funds rate by 50 basis points last Wednesday. This upward momentum coincides with a significant increase in the ether open interest-weighted perpetual futures funding rate, indicating stronger demand for long positions and growing optimism among traders that the price of ether may rise.

theblock.co • 23/09/2024 - 13:56 PM

CRYPTO MOVERS ECONOMIC INDICATORS EQUITY MOVERS RATE DECISIONS

Crypto and stocks share strongest positive correlation in years after Fed rate cut: Bloomberg

The correlation between cryptocurrencies and the S&P 500 has increased, indicating macroeconomic influences. A soft landing may drive a bullish crypto market amid positive political signals.

theblock.co • 23/09/2024 - 12:32 PM

CRYPTO MOVERS ECONOMIC INDICATORS RATE DECISIONS

Bitcoin supported by elevated risk-on sentiment as yen weakens against the dollar: analyst

Bitcoin's price surged after the Fed's rate cut, influenced by a weak yen and mixed analyst views on future volatility and price momentum.

theblock.co • 20/09/2024 - 10:19 AM

CRYPTO MOVERS ECONOMIC INDICATORS FEDERAL RESERVE RATE DECISIONS

Bitcoin set for rally after Federal Reserve rate cut, Standard Chartered says

Bitcoin's outlook improves following a Fed rate cut, driven by macroeconomic factors, not election outcomes. Predictions suggest potential highs of $125,000 or $75,000 based on election results.

theblock.co • 19/09/2024 - 15:54 PM

CRYPTO MOVERS ECONOMIC INDICATORS RATE DECISIONS

CryptoQuant sees bitcoin short-term holder supply decline as barrier to price breakout

Bitcoin's short-term holder supply hits a multi-year low while market dominance rises, indicating a shift toward long-term holding amid a lack of new demand from short-term holders.

theblock.co • 19/09/2024 - 14:04 PM

BITCOIN BLACKROCK ECONOMIC INDICATORS INVESTMENT FIRMS

BlackRock's new bitcoin paper outlines the cryptocurrency's qualities as 'unique' hedge against global risks

BlackRock's paper highlights bitcoin's unique status as a diversifier, its detachment from traditional asset performance, and its role as a potential safe haven amid geopolitical tensions.

theblock.co • 18/09/2024 - 18:22 PM

CRYPTO MOVERS ECONOMIC INDICATORS FEDERAL RESERVE RATE DECISIONS

Fed cuts interest rates by 50 basis points, bitcoin trades higher

The article discusses the impact of the U.S. Federal Reserve's recent interest rate cut on Bitcoin and financial markets, predicting volatility and recommending long-term investments.

theblock.co • 18/09/2024 - 18:12 PM

CRYPTO MOVERS ECONOMIC INDICATORS

Bitcoin exchange depositing addresses at lowest level in years, indicating potential relief in selling pressure: CryptoQuant

Bitcoin exchange depositing addresses hit a multi-year low, suggesting reduced selling pressure but possibly also declining demand, while reserves on exchanges fell by over 15% this year.

theblock.co • 17/09/2024 - 16:17 PM

CRYPTO MOVERS ECONOMIC INDICATORS RATE DECISIONS

Bitcoin's stagnation, gold's record high reflect ongoing market caution: Bitfinex

Bitcoin has decoupled from gold, indicating a shift towards safe-haven assets as investor caution grows amid recessionary signals and anticipated interest rate cuts.

theblock.co • 16/09/2024 - 12:49 PM

CRYPTO MOVERS ECONOMIC INDICATORS FEDERAL RESERVE RATE DECISIONS

Bitcoin volatile as the market awaits US employment data

Bitcoin experiences volatility as U.S. employment data release looms, with analysts predicting continued fluctuations amid potential interest rate cuts and significant ETF outflows.

theblock.co • 06/09/2024 - 12:18 PM

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