Bitcoin steady above $78,000, HYPE leads as majors slip on hawkish Fed bets
Ether, solana, tron and dogecoin all shed ground over 24 hours while HYPE added about 4%, leaving bitcoin flat on the week after August’s 24% run.
FED
Bitcoin (BTC) price’s July gain survives hawkish Fed, AI meltdown and Coldcard fallout
Since then, average daily liquidations have remained well below this year’s typical $400 million-$500 million range, suggesting there has been little forced selling despite the macro shock, according to Bitfinex. “Crypto fell less than levered equity themes because the forced-selling fuel was already spent,” the… Read More
Bitcoin clears $64,000 in Asia hours ahead of Fed decision
Bitcoin’s annualized 30-day implied volatility index, BVIV, the so-called fear gauge, continues to hover below 40%, well below highs above 60% seen during the early June and early February price sell-offs. The index is influenced by demand for options, or hedging instruments. So, the low… Read More
U.S. Senate passes housing bill that carries four-year ban on a Fed CBDC
Thanks to the newly passed U.S. Senate housing affordability bill, the Federal Reserve may be heading toward a formal ban from instituting a digital dollar in the form of a central bank digital currency (CBDC), despite the fact the Fed wasn’t working on such a… Read More
Geopolitical relief meets the Warsh Fed: Crypto Week Ahead
Digital assets are attempting to decouple from a complex macro environment following a dramatic sequence of central bank shifts, headlined by the Bank of Japan’s historic push to 1.0% interest rates and newly appointed Federal Reserve Chair Kevin Warsh’s restructured FOMC policy framework. Traders enter… Read More
PCE, jobless claims and housing data test Fed cut hopes: Crypto Week Ahead
The coming week appears to be macro-led, with U.S. economic data carrying the main calendar risk. Inflation, growth, jobless claims and housing numbers all land before the open, giving markets insight on whether the Fed has room to cut rates. Prediction markets and the CME’s… Read More