I have dropped down to an hourly chart of ETH. The price path is starting to look impulsive to the downside, despite US Dollar weakness – I still expect a bottom very soon which implies macro regime change and crypto bearish.
ETH was strongly rejected at key resistance yesterday and is starting to cascade lower. There has a been a failed retest higher and negative reversal in RSI (hourly) – price down, RSI up, poor ease of movement higher. Keep looking down near term.
The Federal Reserve lowered its policy rate to 4.25%-4.50%, but Chair Jerome Powell's cautious remarks about future cuts amid stubborn inflation shook financial markets. The Fed now projects just two rate cuts in 2025, raising uncertainty for crypto investors.
Sui has been attracting significant investor interest and dominating daily net inflow of funds, with its strong growth is fueled by increasing trading volume and a robust ecosystem.
This explosive rally has pushed the token's market capitalization past $35.5 billion, positioning it among the top cryptocurrencies in the market.
South Korea's brief martial law caused crypto prices to dip but swift reversal calmed markets as BTC, ETH, and XRP rebounded while TRON and IOTA surged
Hailey Welch, Doc Hollywood, OverHere - who's the real culprit behind the Hawk Tuah $HAWK rugpull? Or should the blame be split on that thannggg?
Crypto markets quiver as the Fed spooks investors, but optimism persists with bullish forecasts, Ohio's Bitcoin bill, and pro-crypto Trump moves
With the addition of UsualM, M^0 reinforces its position as a leading stablecoin infrastructure provider.
This marks a significant milestone for regulated crypto investment products and paves the way for future ETFs. Analysts anticipate a surge in similar products as the SEC's regulatory approach evolves under new leadership.
