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Market realignment for a single U.S. Federal Reserve rate cut this year has dragged bitcoin and equities lower.However, after a recent rate cut by the Bank of Canada and the European Central Bank, the market expects the Federal Reserve and the Bank of England to follow suit in coming months, analysts said.
Share link:In this post: KuCoin Research reported that the crypto market saw over $1 billion in investments in May, a 10.61% increase from May 2023 but a 6.4% decrease from April. The SEC’s approval of a Spot Ethereum ETF and strong U.S. stock market performance boosted crypto market confidence and capital inflows. Stablecoin market activity varied, with USDe reaching new highs while USDC and FDUSD issuance declined.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liab
Bernstein analysts have raised their price target for bitcoin to $200,000 from $150,000 by the end of 2025.The analysts also initiated coverage on MicroStrategy stock with an outperform rating, targeting a price of $2,890.
Bitget launched BRETTUSDT futures on June 14 , 2024 (UTC) with a maximum leverage of 25x. Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. BRETTUSDT-M perpetual futures: Parameters Details Listing time June 14, 2024 08:00 (UTC) Underlying asset BRETT Settlemen
Zapper introduced a new protocol aims to make on-chain data more accessible to users. It has also planned a ZAP token for the fourth quarter of this year.
The altcoin crypto market may present “some opportunities” for investors after “taking it on the chin” the last four months.
- 17:44Market news: US SEC is debating whether XRP is a commodityAccording to market news, the U.S. Securities and Exchange Commission (SEC) is discussing whether XRP is a commodity and whether it should be placed in the same category as ethereum (ETH).
- 17:23US government transfers about $5,500 AVAX to a new addressAccording to monitoring, 15 minutes ago, the United States Government transferred 299.483 AVAX (about $5500) to a new address.
- 17:22Today's top 100 cryptocurrency tokens by market cap rise and fall: XLM up 10.81 per cent, IP down 7.71 per centOn 13 March, according to the data, the top 100 cryptocurrency market cap tokens performed as follows. Top 5 Gainers: Stellar (XLM) is up 10.81 percent to $0.2781; Sonic (S) up 8.86 per cent to $0.4772; Maker (MKR) up 6.41 per cent to $1,137.46; Pepe (PEPE) up 6.37 per cent at $0.000006868; Celestia (TIA) up 5.54 per cent at $3.55. Top five losers: Story (IP) down 7.71 per cent to $5.76; Ethena (ENA) down 4.02 per cent to $0.3473; Movement (MOVE) down 3.66 per cent to $0.4541; Hedera (HBAR) down 3.43 per cent to $0.1912; Cardano (ADA) down 3.26 per cent to $0.7047.