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Pennsylvania House introduces bill to implement a strategic bitcoin reserve#PennsylvaniaBitcoinReserve Pennsylvania House introduces bill to implement a strategic bitcoin reserve The new bill, called the Pennsylvania Bitcoin Strategic Reserve Act, introduced in the Pennsylvania House of Representatives on Thursday, is the first of its kind and would allow the state’s treasury to allocate up to 10% of its roughly $7 billion state funds into bitcoin as a way to help combat inflation and diversify its investments beyond traditional assets like bonds and cash reserves. "T

Pennsylvania House introduces bill to implement a strategic bitcoin reserve

#PennsylvaniaBitcoinReserve Pennsylvania House introduces bill to implement a strategic bitcoin reserve
The new bill, called the Pennsylvania Bitcoin Strategic Reserve Act, introduced in the Pennsylvania House of Representatives on Thursday, is the first of its kind and would allow the state’s treasury to allocate up to 10% of its roughly $7 billion state funds into bitcoin as a way to help combat inflation and diversify its investments beyond traditional assets like bonds and cash reserves.

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#shiba⚡ Shiba Inu (SHIB) Forms Rare Golden Cross, But Crazy Unexpected Twist Emerges The long-awaited golden cross on the price chart of Shiba Inu (SHIB) finally formed two days ago. However, the price of the popular meme-inspired cryptocurrency took a completely unexpected turn when, with the formation of this pattern, it plunged more than 16% over the next two days, going from a high of $0.00003 to $0.000023, where it found a local bottom and buyers' reaction. Read more on U.Today https://u.today/shiba-inu-shib-forms-rare-golden-cross-but-crazy-unexpected-twist-emerges For example, in the case of the Shiba Inu token, the golden cross heralded a rise of more than 450% from December 2023 to March 2024. On the other hand, over the past 10 days, the SHIB price has risen over 80%, and the movement of the past two days can be considered a correction, especially in light of today's CPI report, which may cause some short-term chaos on the markets. From this point of view, the correction, which is probably due to risk aversion ahead of the important macroeconomic report, seems logical. With this in mind, it will be even more interesting to see how the golden cross on SHIB will play out when market participants are able to make investment decisions without such distractions. #shiba⚡ $SHIB {spot}(SHIBUSDT)
#shiba⚡ Shiba Inu (SHIB) Forms Rare Golden Cross, But Crazy Unexpected Twist Emerges

The long-awaited golden cross on the price chart of Shiba Inu (SHIB) finally formed two days ago. However, the price of the popular meme-inspired cryptocurrency took a completely unexpected turn when, with the formation of this pattern, it plunged more than 16% over the next two days, going from a high of $0.00003 to $0.000023, where it found a local bottom and buyers' reaction.

Read more on U.Today https://u.today/shiba-inu-shib-forms-rare-golden-cross-but-crazy-unexpected-twist-emerges

For example, in the case of the Shiba Inu token, the golden cross heralded a rise of more than 450% from December 2023 to March 2024.
On the other hand, over the past 10 days, the SHIB price has risen over 80%, and the movement of the past two days can be considered a correction, especially in light of today's CPI report, which may cause some short-term chaos on the markets. From this point of view, the correction, which is probably due to risk aversion ahead of the important macroeconomic report, seems logical. With this in mind, it will be even more interesting to see how the golden cross on SHIB will play out when market participants are able to make investment decisions without such distractions.
#shiba⚡ $SHIB
#MemecoinWars Pepe Coin Surges 95% In A Day, Becomes 3rd-Largest Memecoin: What's This, Why Is It Rising So Fast? Even as the cryptocurrency market is surging since Donald Trump won the US presidential elections last week, meme coins like Dogecoin and Shiba Inu are also gaining huge popularity among investors. One such memecoin Pepe has almost doubled within a day on Thursday, surging nearly 94.43 per cent. Pepe stood at $0.00002479 at 7:30 am on November 14, a 94.43 per cent jump over the $0.00001275 price recorded at 12:35 pm on November 13, according to coinmarketcap.com. Its market cap has also surged over 90 per cent to over $10 billion, with the volume skyrocketing over 250 per cent on Thursday. Here’s everything you need to know: What Is A Meme Coin? A meme coin is a type of cryptocurrency that originates from internet memes or jokes, often without a serious project behind it. These coins, like Dogecoin or Shiba Inu, gain value largely through online hype and social media popularity rather than tangible utility or technology. What is Pepe Meme Coin? The Pepe memecoin is a cryptocurrency inspired by the popular internet character Pepe the Frog, a meme originally created by artist Matt Furie. This token, like other memecoins, is primarily driven by community enthusiasm and social media buzz rather than inherent utility or technological innovation. 95% Jump In A Day: Why Is Pepe Rising So Fast? Cryptomarket experts said the surge in Pepe is part of overall exuberance in the cryptocurrency market. “The explosive growth of Pepe, now the third-largest meme coin, underscores the renewed excitement in the crypto space, especially in meme-driven assets. The significant price surge and the breach of its all-time high, can be largely attributed to its listings on major exchanges like Robinhood and Coinbase..“However, it’s highly volatile and considered a speculative investment with substantial risks," he said.#MemecoinWars $PEPE {spot}(PEPEUSDT)
#MemecoinWars Pepe Coin Surges 95% In A Day, Becomes 3rd-Largest Memecoin: What's This, Why Is It Rising So Fast?

Even as the cryptocurrency market is surging since Donald Trump won the US presidential elections last week, meme coins like Dogecoin and Shiba Inu are also gaining huge popularity among investors. One such memecoin Pepe has almost doubled within a day on Thursday, surging nearly 94.43 per cent.

Pepe stood at $0.00002479 at 7:30 am on November 14, a 94.43 per cent jump over the $0.00001275 price recorded at 12:35 pm on November 13, according to coinmarketcap.com. Its market cap has also surged over 90 per cent to over $10 billion, with the volume skyrocketing over 250 per cent on Thursday. Here’s everything you need to know:
What Is A Meme Coin?

A meme coin is a type of cryptocurrency that originates from internet memes or jokes, often without a serious project behind it. These coins, like Dogecoin or Shiba Inu, gain value largely through online hype and social media popularity rather than tangible utility or technology.

What is Pepe Meme Coin?

The Pepe memecoin is a cryptocurrency inspired by the popular internet character Pepe the Frog, a meme originally created by artist Matt Furie. This token, like other memecoins, is primarily driven by community enthusiasm and social media buzz rather than inherent utility or technological innovation.

95% Jump In A Day: Why Is Pepe Rising So Fast?

Cryptomarket experts said the surge in Pepe is part of overall exuberance in the cryptocurrency market.

“The explosive growth of Pepe, now the third-largest meme coin, underscores the renewed excitement in the crypto space, especially in meme-driven assets. The significant price surge and the breach of its all-time high, can be largely attributed to its listings on major exchanges like Robinhood and Coinbase..“However, it’s highly volatile and considered a speculative investment with substantial risks," he said.#MemecoinWars $PEPE
#USInflationAboveTarget Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025. "Progress on inflation has started to stall," said Michael Pugliese, a senior economist at Wells Fargo. "The time is fast approaching when the Fed will signal that the pace of rate cuts will slow further, perhaps to an every-other-meeting pace starting in 2025." The consumer price index rose 0.2% for the fourth straight month, the Labor Department's Bureau of Labor Statistics said. The increase was in line with economists' expectations. A 0.4% rise in the cost of shelter, which includes rents as well as hotel and motel rooms, accounted for more than half of the increase in the monthly CPI. Shelter costs gained 0.2% in September. In the 12 months through October, the CPI advanced 2.6% after climbing 2.4% in September. The uptick in annual inflation also reflected last year's low reading dropping out of the calculation. Frustration over inflation helped to propel Republican Donald Trump to victory in last week's presidential election, defeating Democratic Party candidate and Vice President Kamala Harris. Economists are, however, forecasting higher inflation next year if Trump forges ahead with his economic policies, including tax cuts and higher tariffs on imported goods. He has also vowed mass deportations of undocumented immigrants, which economists say will shrink the labor supply, raising costs for businesses that are then passed on to consumers. Though the U.S. central bank is expected to lower rates again in December, economists see the scope for more cuts next year as limited. U.S. Treasury yields have surged as investors expect the president-elect's policies will proceed unhindered, with Republicans controlling the U.S. Senate and on the verge of clinching the House of Representatives. #PNUTSurge $BTC {future}(BTCUSDT)
#USInflationAboveTarget Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025.
"Progress on inflation has started to stall," said Michael Pugliese, a senior economist at Wells Fargo. "The time is fast approaching when the Fed will signal that the pace of rate cuts will slow further, perhaps to an every-other-meeting pace starting in 2025."

The consumer price index rose 0.2% for the fourth straight month, the Labor Department's Bureau of Labor Statistics said. The increase was in line with economists' expectations.

A 0.4% rise in the cost of shelter, which includes rents as well as hotel and motel rooms, accounted for more than half of the increase in the monthly CPI. Shelter costs gained 0.2% in September.
In the 12 months through October, the CPI advanced 2.6% after climbing 2.4% in September.
The uptick in annual inflation also reflected last year's low reading dropping out of the calculation. Frustration over inflation helped to propel Republican Donald Trump to victory in last week's presidential election, defeating Democratic Party candidate and Vice President Kamala Harris.
Economists are, however, forecasting higher inflation next year if Trump forges ahead with his economic policies, including tax cuts and higher tariffs on imported goods. He has also vowed mass deportations of undocumented immigrants, which economists say will shrink the labor supply, raising costs for businesses that are then passed on to consumers.
Though the U.S. central bank is expected to lower rates again in December, economists see the scope for more cuts next year as limited. U.S. Treasury yields have surged as investors expect the president-elect's policies will proceed unhindered, with Republicans controlling the U.S. Senate and on the verge of clinching the House of Representatives.
#PNUTSurge $BTC
#PEPEATH Pepe price prediction: Pepe poised to double investors’ money before 2025.#doge⚡ Dogecoin rally indicates Pepe can explode next. Crypto surges this week, with meme coin PEPE seeing a 33% rise, while new presale token Pepe Unchained gains investor interest. It’s rare for any industry to see the levels of growth and adoption that crypto has experienced this week. And amidst this positive-sum chaos, third-in-command meme coin Pepe has experienced an impressive 33% uptick. But looking ahead, can Pepe keep rising, or is viral presale token Pepe Unchained a better investment? Dogecoin rally indicates Pepe can explode next Dogecoin added $37 billion to its market cap in the past 31 days, rallying from $16 to $53 billion. Pepe’s market cap is $5.3 billion, so less than one-fifth of Dogecoin’s recent uptick would provide a 2x gain and double your money. But it’s worth exploring this synergy between Dogecoin and Pepe a little deeper. Think of Dogecoin as the Bitcoin of meme coins. Bitcoin leads the crypto market, and Dogecoin leads the joke tokens. There was only one period in 2024 when Dogecoin outperformed Pepe: February. And what happened after that was a huge wealth transfer as Dogecoin holders rotated their capital into smaller meme coins to multiply their gains. Pepe’s lower liquidity led to significant growth, catapulting its price into a parabolic ascent.I just closed my long & shoved the entire bag into $PEPE… "WHY, Max?" The reason that I bought in the first place was because of the $DOGE.D chart (right). $PEPE.D is doing the same thing, it's just a few weeks behind. is the king meme of this cycle. pic.twitter.com/sK4LthitPM — Max (@MaxBecauseBTC) November 12, 2024 $PEPE $DOGE #pepath #doge⚡ {future}(DOGEUSDT) {spot}(PEPEUSDT)
#PEPEATH Pepe price prediction: Pepe poised to double investors’ money before 2025.#doge⚡ Dogecoin rally indicates Pepe can explode next.

Crypto surges this week, with meme coin PEPE seeing a 33% rise, while new presale token Pepe Unchained gains investor interest.
It’s rare for any industry to see the levels of growth and adoption that crypto has experienced this week.

And amidst this positive-sum chaos, third-in-command meme coin Pepe has experienced an impressive 33% uptick.

But looking ahead, can Pepe keep rising, or is viral presale token Pepe Unchained a better investment?

Dogecoin rally indicates Pepe can explode next
Dogecoin added $37 billion to its market cap in the past 31 days, rallying from $16 to $53 billion.

Pepe’s market cap is $5.3 billion, so less than one-fifth of Dogecoin’s recent uptick would provide a 2x gain and double your money.

But it’s worth exploring this synergy between Dogecoin and Pepe a little deeper.

Think of Dogecoin as the Bitcoin of meme coins. Bitcoin leads the crypto market, and Dogecoin leads the joke tokens.

There was only one period in 2024 when Dogecoin outperformed Pepe: February.

And what happened after that was a huge wealth transfer as Dogecoin holders rotated their capital into smaller meme coins to multiply their gains.

Pepe’s lower liquidity led to significant growth, catapulting its price into a parabolic ascent.I just closed my long & shoved the entire bag into $PEPE

"WHY, Max?"

The reason that I bought in the first place was because of the $DOGE .D chart (right). $PEPE .D is doing the same thing, it's just a few weeks behind. is the king meme of this cycle. pic.twitter.com/sK4LthitPM

— Max (@MaxBecauseBTC) November 12, 2024
$PEPE $DOGE #pepath #doge⚡

#BTC☀ Bitcoin rises above $90,000 on Trump euphoria. Nov 13 (Reuters) - Bitcoin broke through the $90,000 level on Wednesday, as its rally showed no signs of easing on expectations that Donald Trump as U.S. president will be a boon for cryptocurrencies. The world's biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and on Wednesday touched record highs. It was last up 5.49% at $93,158, marking a 32% rise since the Nov. 5 election. Smaller peer ether has also risen 37% since election day, while dogecoin , an alternative, volatile token promoted by billionaire Trump-ally Elon Musk was up more than 150%. Trump embraced digital assets during his campaign, promising to make the United States the "crypto capital of the planet" and to accumulate a national stockpile of bitcoin. It is unclear how or when that could happen but the possibility drove a speculative surge in crypto mining and trading stocks. Funds tracking the spot price of bitcoin, including BlackRock's iShares Bitcoin Trust (IBIT.O), opens new tab, were up nearly 4% on Wednesday. Shares in Coinbase, the largest publicly traded crypto exchange, were down 1.3%, while shares in bitcoin miners Riot Platforms and Marathon Digital Holdings were down 4.08% and 4.68%, respectively#BTC☀ $BTC {spot}(BTCUSDT)
#BTC☀ Bitcoin rises above $90,000 on Trump euphoria.

Nov 13 (Reuters) - Bitcoin broke through the $90,000 level on Wednesday, as its rally showed no signs of easing on expectations that Donald Trump as U.S. president will be a boon for cryptocurrencies.
The world's biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and on Wednesday touched record highs. It was last up 5.49% at $93,158, marking a 32% rise since the Nov. 5 election.
Smaller peer ether has also risen 37% since election day, while dogecoin , an alternative, volatile token promoted by billionaire Trump-ally Elon Musk was up more than 150%.
Trump embraced digital assets during his campaign, promising to make the United States the "crypto capital of the planet" and to accumulate a national stockpile of bitcoin.
It is unclear how or when that could happen but the possibility drove a speculative surge in crypto mining and trading stocks.
Funds tracking the spot price of bitcoin, including BlackRock's iShares Bitcoin Trust (IBIT.O), opens new tab, were up nearly 4% on Wednesday.
Shares in Coinbase, the largest publicly traded crypto exchange, were down 1.3%, while shares in bitcoin miners Riot Platforms and Marathon Digital Holdings were down 4.08% and 4.68%, respectively#BTC☀ $BTC
17 Trillion Shiba Inu (SHIB) in 24 Hours: Rally Continues#shiba⚡ #SHIBAUSDT With an incredible 17 trillion SHIB in big transactions over the past day, Shiba Inu (SHIB) is drawing market attention as its on-chain activity soars. This spike shows that SHIB investors are once again interested in the ecosystem, indicating both buying and redistribution activity. The number of large transactions, which indicate important trades and whale activity, has reached all-time highs, with 1.12K transactions in the last day alone, according to on-chain data from IntoTheBlock. A significant price movement for SHIB may be imminent, as indicated by the abrupt rise in trading volume. The volume of significant transactions indicates that despite volatility, a sizable amount of capital is either entering or leaving SHIB - most likely in reaction to both the recent price increase and general market trends. These trends may be seen as whale accumulation or redistribution among major holders, which has an effect on price dynamics and market sentiment. From a technical perspective, SHIB's recent price spike showed bullish momentum by pushing it past multiple significant moving It is critical for investors following SHIB to keep an eye on the support level at $0.0000190 because sustained strength above this level may strengthen the market's positive sentiment and draw in more buyers. Additionally, a retest of the $0.0000300 resistance level may be imminent if SHIB maintains its resilience above these support zones. Should this level be broken, SHIB may be able to test even higher price. The trajectory of SHIB will probably be determined by the regularity of large high-volume transactions combined with market sentiment. Larger investors and whales remaining involved in the ecosystem may indicate that SHIB is still fighting for growth and that they have faith in its long-term prospects. Since changes in whale activity may indicate impending price volatility, investors should keep a careful eye on these levels. #shiba⚡ $SHIB {spot}(SHIBUSDT)
17 Trillion Shiba Inu (SHIB) in 24 Hours: Rally Continues#shiba⚡ #SHIBAUSDT

With an incredible 17 trillion SHIB in big transactions over the past day, Shiba Inu (SHIB) is drawing market attention as its on-chain activity soars. This spike shows that SHIB investors are once again interested in the ecosystem, indicating both buying and redistribution activity. The number of large transactions, which indicate important trades and whale activity, has reached all-time highs, with 1.12K transactions in the last day alone, according to on-chain data from IntoTheBlock.
A significant price movement for SHIB may be imminent, as indicated by the abrupt rise in trading volume. The volume of significant transactions indicates that despite volatility, a sizable amount of capital is either entering or leaving SHIB - most likely in reaction to both the recent price increase and general market trends. These trends may be seen as whale accumulation or redistribution among major holders, which has an effect on price dynamics and market sentiment. From a technical perspective, SHIB's recent price spike showed bullish momentum by pushing it past multiple significant moving It is critical for investors following SHIB to keep an eye on the support level at $0.0000190 because sustained strength above this level may strengthen the market's positive sentiment and draw in more buyers.
Additionally, a retest of the $0.0000300 resistance level may be imminent if SHIB maintains its resilience above these support zones. Should this level be broken, SHIB may be able to test even higher price.
The trajectory of SHIB will probably be determined by the regularity of large high-volume transactions combined with market sentiment. Larger investors and whales remaining involved in the ecosystem may indicate that SHIB is still fighting for growth and that they have faith in its long-term prospects. Since changes in whale activity may indicate impending price volatility, investors should keep a careful eye on these levels.
#shiba⚡ $SHIB
Is Binance Safe?#HaveYouBinanced Is Binance Safe? Binance exchange has some of the lowest fees in the crypto industry, but is it safe to use? Let’s explore its security practices. If you’ve ever dabbled in crypto exchange, you’re very likely familiar with Binance. It’s the single largest crypto exchange platform on the planet that offers low fees and advanced trading tools. But even though Binance has a $9.3 billion trading volume in 2023, you might still be wondering if it’s a safe place to store and trade yo

Is Binance Safe?

#HaveYouBinanced " data-hashtag="#HaveYouBinanced" class="tag">#HaveYouBinanced Is Binance Safe?

Binance exchange has some of the lowest fees in the crypto industry, but is it safe to use? Let’s explore its security practices.
If you’ve ever dabbled in crypto exchange, you’re very likely familiar with Binance. It’s the single largest crypto exchange platform on the planet that offers low fees and advanced trading tools. But even though Binance has a $9.3 billion trading volume in 2023, you might still be wondering if it’s a safe place to store and trade yo
#EthereumRally Ethereum’s Rally Will Be Fueled by This Steady Whale Behavior. Ethereum’s (ETH) price has been struggling to break from the resistance at $2,698 for over six weeks, with repeated failed attempts to secure a close above this level. This resistance has kept the altcoin king in consolidation, preventing further gains. The sentiment around Ethereum is notably bullish, especially among large investors. In the past month, addresses holding between 100,000 and 1 million ETH have accumulated over 600,000 ETH, valued at more than $1.57 billion. This accumulation has pushed their total holdings to a three-month high, signaling strong confidence in a potential price increase. These large investors, often referred to as whales, are typically seen as market movers. Their growing holdings indicate that they expect Ethereum to break out of its current consolidation. If this pattern holds, their influence could be a significant factor in ETH’s ability to rally beyond its current resistance. Ethereum’s macro momentum also supports the possibility of a rally. The Relative Strength Index (RSI), a key technical indicator, is hovering in the bullish zone but remains far from the overbought territory. This suggests that while ETH is experiencing positive momentum, there is still room for further growth without triggering a correction. Additionally, the RSI is well above the neutral line, further reinforcing that Ethereum has the potential to rise. With no immediate signs of the market overheating, ETH is positioned to continue its upward trajectory if the conditions remain favorable. ETH Price Prediction: Room for Growth Ethereum is currently trading at $2,634, remaining consolidated between $2,698 and $2,546. This range has been a critical zone for Ethereum, acting as both support and resistance over the past few weeks. Breaking out of this range is essential for ETH to advance toward $3,000. #EthereumRally $ETH {spot}(ETHUSDT)
#EthereumRally Ethereum’s Rally Will Be Fueled by This Steady Whale Behavior.

Ethereum’s (ETH) price has been struggling to break from the resistance at $2,698 for over six weeks, with repeated failed attempts to secure a close above this level. This resistance has kept the altcoin king in consolidation, preventing further gains.
The sentiment around Ethereum is notably bullish, especially among large investors. In the past month, addresses holding between 100,000 and 1 million ETH have accumulated over 600,000 ETH, valued at more than $1.57 billion. This accumulation has pushed their total holdings to a three-month high, signaling strong confidence in a potential price increase.

These large investors, often referred to as whales, are typically seen as market movers. Their growing holdings indicate that they expect Ethereum to break out of its current consolidation. If this pattern holds, their influence could be a significant factor in ETH’s ability to rally beyond its current resistance.
Ethereum’s macro momentum also supports the possibility of a rally. The Relative Strength Index (RSI), a key technical indicator, is hovering in the bullish zone but remains far from the overbought territory. This suggests that while ETH is experiencing positive momentum, there is still room for further growth without triggering a correction.

Additionally, the RSI is well above the neutral line, further reinforcing that Ethereum has the potential to rise. With no immediate signs of the market overheating, ETH is positioned to continue its upward trajectory if the conditions remain favorable.
ETH Price Prediction: Room for Growth
Ethereum is currently trading at $2,634, remaining consolidated between $2,698 and $2,546. This range has been a critical zone for Ethereum, acting as both support and resistance over the past few weeks. Breaking out of this range is essential for ETH to advance toward $3,000.
#EthereumRally $ETH
#SOLFutureRise Solana Price Prediction: Can Solana Reach $1,000 in 2025-2030? Solana Current Status: Solana price has been demonstrating massive strength in the past few weeks, and as a result, the token is at the foothills of a gigantic explosion in the chart pattern. Meanwhile, the volume remains within the average range, suggesting the bulls are yet to enter the ring, which may cause a massive upswing in the coming days, leading to a new ATH very soon. Market Performance: After soaring by above 20% since the start of the week, the bulls appear to have exhausted as the price drains marginally but maintains growth of around 1.09%, trading at $ 212.80. The volume drops by over 40%, but the market capitalization remains elevated by 1.16%. The bullish sentiments have surged to 85%, while the Fear-Greed Index has risen to 70, suggesting the market sentiments have turned into greed. Technical Analysis: The Solana price broke above the ascending trend line and is testing one of the crucial resistance levels, suggesting the rise of a fresh bullish trend. However, the bullish volume has begun to accumulate, which may increase the pressure, resulting in the token maintaining a steep ascending trend to reach fresh highs beyond $220. SOL Price Prediction: The SOL price has been displaying immense strength since the start of the year as the levels surged by above 220%, marking highs above $200 from levels around $60. The latest upswing demonstrates the bulls getting back into action, which may keep up the bullish momentum for the rest of the year. Future Outlook: The Solana ecosystem is gaining huge attention with the transactions over the platform recording new highs. Although the volume remains lower, the traffic remains pretty high, suggesting enough attention from the traders over the token. Therefore, the Solana price is believed to display massive bullish action in the upcoming bull run, forming new highs above $500. #SOLFutureRise $SOL {spot}(SOLUSDT)
#SOLFutureRise Solana Price Prediction: Can Solana Reach $1,000 in 2025-2030?

Solana Current Status: Solana price has been demonstrating massive strength in the past few weeks, and as a result, the token is at the foothills of a gigantic explosion in the chart pattern. Meanwhile, the volume remains within the average range, suggesting the bulls are yet to enter the ring, which may cause a massive upswing in the coming days, leading to a new ATH very soon.
Market Performance: After soaring by above 20% since the start of the week, the bulls appear to have exhausted as the price drains marginally but maintains growth of around 1.09%, trading at $ 212.80. The volume drops by over 40%, but the market capitalization remains elevated by 1.16%. The bullish sentiments have surged to 85%, while the Fear-Greed Index has risen to 70, suggesting the market sentiments have turned into greed.
Technical Analysis: The Solana price broke above the ascending trend line and is testing one of the crucial resistance levels, suggesting the rise of a fresh bullish trend. However, the bullish volume has begun to accumulate, which may increase the pressure, resulting in the token maintaining a steep ascending trend to reach fresh highs beyond $220.
SOL Price Prediction: The SOL price has been displaying immense strength since the start of the year as the levels surged by above 220%, marking highs above $200 from levels around $60. The latest upswing demonstrates the bulls getting back into action, which may keep up the bullish momentum for the rest of the year.
Future Outlook: The Solana ecosystem is gaining huge attention with the transactions over the platform recording new highs. Although the volume remains lower, the traffic remains pretty high, suggesting enough attention from the traders over the token. Therefore, the Solana price is believed to display massive bullish action in the upcoming bull run, forming new highs above $500.
#SOLFutureRise $SOL
#SOLFutureRise Solana (SOL) Price Prediction 2024,2025 And 2030 Is Solana a Good Investment? The investment potential of Solana is a topic of considerable debate within the cryptocurrency community. With its innovative technology and active ecosystem, Solana has captured the attention of investors looking for the next big opportunity in the blockchain space. This anticipation of future product releases indicates an ongoing effort to innovate and expand Solana’s reach, contributing to its appeal as a potentially valuable investment. Whether Solana is a good investment depends on several factors, including one’s appetite for risk, investment horizon, and belief in the platform’s technological and market potential. While Solana presents a compelling case with its innovative features and community enthusiasm, investors must also weigh its challenges in achieving long-term dominance. As with any investment in the volatile cryptocurrency market, thorough research is critical, and it is always recommended that you speak with a financial advisor before making a decision. This article is not an endorsement of any particular cryptocurrency, broker or exchange nor does it constitute a recommendation of cryptocurrency or CFDs as an investment class. Cryptocurrency is unregulated in Australia and your capital is at risk. Trading in contracts for difference (CFDs) is riskier than conventional share trading, not suitable for the majority of investors, and includes the potential for partial or total loss of capital. You should always consider whether you can afford to lose your money before deciding to trade in CFDs or cryptocurrency, and seek advice from an authorized financial advisor.#SOLFutureRise $SOL {spot}(SOLUSDT) {spot}(BTCUSDT)
#SOLFutureRise Solana (SOL) Price Prediction 2024,2025 And 2030

Is Solana a Good Investment?
The investment potential of Solana is a topic of considerable debate within the cryptocurrency community. With its innovative technology and active ecosystem, Solana has captured the attention of investors looking for the next big opportunity in the blockchain space.

This anticipation of future product releases indicates an ongoing effort to innovate and expand Solana’s reach, contributing to its appeal as a potentially valuable investment.

Whether Solana is a good investment depends on several factors, including one’s appetite for risk, investment horizon, and belief in the platform’s technological and market potential. While Solana presents a compelling case with its innovative features and community enthusiasm, investors must also weigh its challenges in achieving long-term dominance.
As with any investment in the volatile cryptocurrency market, thorough research is critical, and it is always recommended that you speak with a financial advisor before making a decision.

This article is not an endorsement of any particular cryptocurrency, broker or exchange nor does it constitute a recommendation of cryptocurrency or CFDs as an investment class. Cryptocurrency is unregulated in Australia and your capital is at risk.

Trading in contracts for difference (CFDs) is riskier than conventional share trading, not suitable for the majority of investors, and includes the potential for partial or total loss of capital. You should always consider whether you can afford to lose your money before deciding to trade in CFDs or cryptocurrency, and seek advice from an authorized financial advisor.#SOLFutureRise $SOL
#WillBTCBreak100KSoon Can Bitcoin surpass the $100K mark in 2024? Over the past week, Bitcoin has been breaking multiple All-Time Highs, following Trump’s victory in the US Presidential Elections. From the much-anticipated $75,000 mark on November 6th to the current $87,000 today. This rally, combined with the increasing investor participation indicates that we have entered a strong bull run increasing Bitcoin’s market cap to $1.7 trillion for the first time since its launch. Bitcoin Spot ETFs saw a consistent increase since the elections with net inflows standing at nearly $2 billion in just a week. The growing acceptance of spot ETFs simplify the investment process for institutional players and traditional investors, who can now easily gain exposure to Bitcoin without directly holding the asset. This steady inflow into ETFs is one of the major driving factors for the price action in BTC’s price and over the next few weeks, more funds from institutions will move to ETFs contributing to the next leg of rally to $100,000. Currently, BTC has strong support at $75,600. If BTC maintains the momentum, it could likely have another jump to $90K, making its way to the $100K mark by the end of the year. While Bitcoin shows strong potential for further gains, it’s essential to maintain a clear investment strategy to reduce the risks involved in the asset class. Do your own research before investing in a token. Keep yourself updated on news and other updates. For eg; while several indicators suggest Bitcoin could reach the $100K mark by year-end, geopolitical uncertainties—such as potential escalations in the Middle East—could still shift market directions. Building a margin of safety into your investments is key to mitigating unexpected market reactions and preserving stability amidst volatility.#WillBTCBreak100KSoon $BTC {future}(BTCUSDT)
#WillBTCBreak100KSoon Can Bitcoin surpass the $100K mark in 2024?

Over the past week, Bitcoin has been breaking multiple All-Time Highs, following Trump’s victory in the US Presidential Elections. From the much-anticipated $75,000 mark on November 6th to the current $87,000 today. This rally, combined with the increasing investor participation indicates that we have entered a strong bull run increasing Bitcoin’s market cap to $1.7 trillion for the first time since its launch.

Bitcoin Spot ETFs saw a consistent increase since the elections with net inflows standing at nearly $2 billion in just a week. The growing acceptance of spot ETFs simplify the investment process for institutional players and traditional investors, who can now easily gain exposure to Bitcoin without directly holding the asset. This steady inflow into ETFs is one of the major driving factors for the price action in BTC’s price and over the next few weeks, more funds from institutions will move to ETFs contributing to the next leg of rally to $100,000.
Currently, BTC has strong support at $75,600. If BTC maintains the momentum, it could likely have another jump to $90K, making its way to the $100K mark by the end of the year.
While Bitcoin shows strong potential for further gains, it’s essential to maintain a clear investment strategy to reduce the risks involved in the asset class. Do your own research before investing in a token. Keep yourself updated on news and other updates. For eg; while several indicators suggest Bitcoin could reach the $100K mark by year-end, geopolitical uncertainties—such as potential escalations in the Middle East—could still shift market directions. Building a margin of safety into your investments is key to mitigating unexpected market reactions and preserving stability amidst volatility.#WillBTCBreak100KSoon $BTC
Bitcoin hits new $85K high, with just 17% left for BTC $100K record#BTCBreaks86k #HaveYouBinanced Bitcoin’s price is now just 17% away from surpassing the $100,000 mark, which could occur before the end of 2024 due to Trump’s presidential victory, analysts told Cointelegraph. Bitcoin’s BTC tickers down $86,254 price breached a new all-time high of $85,000 at 18:41 pm in UTC, Cointelegraph data shows. The new all-time high comes a week after former President Donald Trump won the 2024 elections in the United States, securing his second term in office. The new $85,000 record high puts Bitcoin’s price just 17.6% away from reaching the psychological $100,000 mark, which could occur before the end of 2024.#BTCBreaks86k $BTC {spot}(BTCUSDT)
Bitcoin hits new $85K high, with just 17% left for BTC $100K record#BTCBreaks86k #HaveYouBinanced
Bitcoin’s price is now just 17% away from surpassing the $100,000 mark, which could occur before the end of 2024 due to Trump’s presidential victory, analysts told Cointelegraph.
Bitcoin’s
BTC
tickers down
$86,254
price breached a new all-time high of $85,000 at 18:41 pm in UTC, Cointelegraph data shows.
The new all-time high comes a week after former President Donald Trump won the 2024 elections in the United States, securing his second term in office.

The new $85,000 record high puts Bitcoin’s price just 17.6% away from reaching the psychological $100,000 mark, which could occur before the end of 2024.#BTCBreaks86k $BTC
#BTCBreaks86k Bitcoin is trading at record high near $85,000. Is it a good time to buy? Bitcoin reached an all-time high near $85,000 on Monday, amid enthusiasm that digital assets may face a more friendly regulatory environment after Donald Trump won the U.S. presidential election last week. The largest cryptocurrency BTCUSD hit a record high at $84,989 on Monday, according to Dow Jones Market Data. It traded at around $84,938 early afternoon on Monday, up 102% year to date. Several industry participants are bullish that bitcoin could go even higher by the end of the year. Matt Hougan, chief investment officer at Bitwise, said he expects bitcoin to reach as high as $100,000 by the end of the year, and $200,000 by the end of 2025, as Trump has vowed to appoint a crypto-friendly chair to the Securities and Exchange Commission and build a bitcoin reserve in the U.S. Still, investors should remain cautious, with bitcoin being highly volatile. The market is currently in a “state of euphoria,” analysts at QCP Capital wrote in a Monday note. Basis yields of bitcoin perpetual futures, which refer to the difference between the spot price of an asset (in this case bitcoin) and the price of perpetual futures, stand at seven-month highs. It shows that leverage is at an elevated level in the market. “While we remain structurally bullish, we are cautious of any pullbacks, especially from leveraged washouts,” the QCP analysts noted. “Historically, such spikes in basis yields have not lasted very long either.” Meanwhile, investors will be closely watching whether Trump will continue to signal support for digital assets, and whether and how he might deliver his promises to the crypto industry.#BTCBreaks86k $BTC {spot}(BTCUSDT)
#BTCBreaks86k Bitcoin is trading at record high near $85,000. Is it a good time to buy?

Bitcoin reached an all-time high near $85,000 on Monday, amid enthusiasm that digital assets may face a more friendly regulatory environment after Donald Trump won the U.S. presidential election last week.

The largest cryptocurrency BTCUSD hit a record high at $84,989 on Monday, according to Dow Jones Market Data. It traded at around $84,938 early afternoon on Monday, up 102% year to date.

Several industry participants are bullish that bitcoin could go even higher by the end of the year.
Matt Hougan, chief investment officer at Bitwise, said he expects bitcoin to reach as high as $100,000 by the end of the year, and $200,000 by the end of 2025, as Trump has vowed to appoint a crypto-friendly chair to the Securities and Exchange Commission and build a bitcoin reserve in the U.S.

Still, investors should remain cautious, with bitcoin being highly volatile.

The market is currently in a “state of euphoria,” analysts at QCP Capital wrote in a Monday note.
Basis yields of bitcoin perpetual futures, which refer to the difference between the spot price of an asset (in this case bitcoin) and the price of perpetual futures, stand at seven-month highs. It shows that leverage is at an elevated level in the market.

“While we remain structurally bullish, we are cautious of any pullbacks, especially from leveraged washouts,” the QCP analysts noted. “Historically, such spikes in basis yields have not lasted very long either.”

Meanwhile, investors will be closely watching whether Trump will continue to signal support for digital assets, and whether and how he might deliver his promises to the crypto industry.#BTCBreaks86k $BTC
Asian stocks slide as China stimulus disappoints; bitcoin extends record rally#BTCBreaks80KATH #BTCNear82k TOKYO (Reuters) - Hong Kong stocks led declines in Asia on Monday after Beijing's latest stimulus fell short of investor expectations, overshadowing Wall Street's record highs from Friday and futures pointing to further strength at the reopen. Bitcoin climbed to an all-time high as Donald Trump's victory in the U.S. presidential election along with pro-crypto candidates being voted to Congress spurred expectations of a light-handed regulatory environment. The dollar traded not far from last week's four-month peak versus major peers as traders prepared for a key reading of U.S. consumer inflation this week, as well as a parade of Federal Reserve speakers, including Chair Jerome Powell on Thursday. Hong Kong's Hang Seng tumbled 2.5% as of 0200 GMT, with a sub-index of mainland Chinese property shares tumbling 3.9%. Chinese blue chips weakened 0.3%. Japan's Nikkei fell 0.3%. South Korea's Kospi lost 0.9% and Taiwan's benchmark slipped 0.7%. Australia's share benchmark declined 0.4%, weighed down by commodity stocks, after oil and industrial metals weakened. On Friday, after Chinese markets had closed, the National People's Congress Standing Committee unveiled a 10 trillion yuan ($1.39 trillion) debt package to ease local government financing strains and stabilise flagging economic growth. However, the stimulus steps lacked the direct injection of money into the economy that some investors had hoped to see, particularly amid the threat of massive tariffs under the incoming Trump administration. The Republican party is edging closer to sweeping both chambers of Congress, taking the Senate on election night and with Edison Research projecting it so far to have 214 seats of the 218 seats needed for control of the House, compared to 205 for Democrats. Investors expect that Trump's second term in office will bring equities-boosting tax cuts and looser regulations.#BTCBreaks80KATH #BTCNear82k $BTC {future}(BTCUSDT)
Asian stocks slide as China stimulus disappoints; bitcoin extends record rally#BTCBreaks80KATH #BTCNear82k
TOKYO (Reuters) - Hong Kong stocks led declines in Asia on Monday after Beijing's latest stimulus fell short of investor expectations, overshadowing Wall Street's record highs from Friday and futures pointing to further strength at the reopen.

Bitcoin climbed to an all-time high as Donald Trump's victory in the U.S. presidential election along with pro-crypto candidates being voted to Congress spurred expectations of a light-handed regulatory environment. The dollar traded not far from last week's four-month peak versus major peers as traders prepared for a key reading of U.S. consumer inflation this week, as well as a parade of Federal Reserve speakers, including Chair Jerome Powell on Thursday.

Hong Kong's Hang Seng tumbled 2.5% as of 0200 GMT, with a sub-index of mainland Chinese property shares tumbling 3.9%. Chinese blue chips weakened 0.3%.

Japan's Nikkei fell 0.3%. South Korea's Kospi lost 0.9% and Taiwan's benchmark slipped 0.7%.

Australia's share benchmark declined 0.4%, weighed down by commodity stocks, after oil and industrial metals weakened.

On Friday, after Chinese markets had closed, the National People's Congress Standing Committee unveiled a 10 trillion yuan ($1.39 trillion) debt package to ease local government financing strains and stabilise flagging economic growth.

However, the stimulus steps lacked the direct injection of money into the economy that some investors had hoped to see, particularly amid the threat of massive tariffs under the incoming Trump administration.
The Republican party is edging closer to sweeping both chambers of Congress, taking the Senate on election night and with Edison Research projecting it so far to have 214 seats of the 218 seats needed for control of the House, compared to 205 for Democrats.

Investors expect that Trump's second term in office will bring equities-boosting tax cuts and looser regulations.#BTCBreaks80KATH #BTCNear82k $BTC
Here’s How Much The Shiba Inu Price Will Be If It Hits The Market Cap Of Dogecoin#SHIBAUSDT #doge⚡ What The Shiba Inu Price Will Be If It Reaches Dogecoin’s Market Cap MarketCapOf data shows that the Shiba Inu price would be $0.00004883 if it had Dogecoin’s market cap of $28.7 billion. A Shiba Inu rally to $0.00004883 would represent a price gain of over 250% from its current level. SHIB currently boasts a market cap of $11.1 billion, which puts it 0.39x under DOGE. Related Reading: Crypto Analyst Puts Dogecoin Price As High As $23 This Cycle, What Does It Have To Do With Elon Musk? However, it is worth mentioning that the Shiba Inu price has once hit the $0.00004883 target as its current all-time high (ATH) is at $0.00008845. Shiba Inu would also have a larger market cap now if it were to reach $0.00004883 or even rise to its current ATH of $0.00008845, considering that billions of SHIB tokens have been burnt since then. Interestingly, the opposite will be the case for Dogecoin, which is inflationary. As such, Dogecoin would have a lower market cap even if it reached its current ATH of $0.73. In 2021, the foremost meme coin attained a market cap of $80 billion as it surged to its ATH. However, DOGE boasting an $80 billion now would only put its price at $0.5. Meanwhile, the Shiba Inu price hitting Dogecoin’s market cap will make SHIB the eighth-largest coin by market, which is DOGE’s current ranking. SHIB Set To Breach This Target Soon Enough The Shiba Inu price is set to breach the $0.00004883 target anytime soon. This is based on crypto analyst Javon Mark’s analysis, in which he predicts a price rally to SHIB’s current ATH. In an X post, he noted that the Shiba Inu is still fairly off a confirmed Hidden Bull Divergence and has broken out. #shiba⚡ #doge⚡ $SHIB $DOGE {future}(DOGEUSDT) {spot}(SHIBUSDT)
Here’s How Much The Shiba Inu Price Will Be If It Hits The Market Cap Of Dogecoin#SHIBAUSDT #doge⚡
What The Shiba Inu Price Will Be If It Reaches Dogecoin’s Market Cap
MarketCapOf data shows that the Shiba Inu price would be $0.00004883 if it had Dogecoin’s market cap of $28.7 billion. A Shiba Inu rally to $0.00004883 would represent a price gain of over 250% from its current level. SHIB currently boasts a market cap of $11.1 billion, which puts it 0.39x under DOGE.

Related Reading: Crypto Analyst Puts Dogecoin Price As High As $23 This Cycle, What Does It Have To Do With Elon Musk?
However, it is worth mentioning that the Shiba Inu price has once hit the $0.00004883 target as its current all-time high (ATH) is at $0.00008845. Shiba Inu would also have a larger market cap now if it were to reach $0.00004883 or even rise to its current ATH of $0.00008845, considering that billions of SHIB tokens have been burnt since then.

Interestingly, the opposite will be the case for Dogecoin, which is inflationary. As such, Dogecoin would have a lower market cap even if it reached its current ATH of $0.73. In 2021, the foremost meme coin attained a market cap of $80 billion as it surged to its ATH. However, DOGE boasting an $80 billion now would only put its price at $0.5.

Meanwhile, the Shiba Inu price hitting Dogecoin’s market cap will make SHIB the eighth-largest coin by market, which is DOGE’s current ranking.

SHIB Set To Breach This Target Soon Enough
The Shiba Inu price is set to breach the $0.00004883 target anytime soon. This is based on crypto analyst Javon Mark’s analysis, in which he predicts a price rally to SHIB’s current ATH. In an X post, he noted that the Shiba Inu is still fairly off a confirmed Hidden Bull Divergence and has broken out.

#shiba⚡ #doge⚡ $SHIB $DOGE
#BTCBreaks80KATH Bitcoin rises above $80,000 for first time$BTC (Reuters) - Bitcoin was trading near record $80,000 on Sunday after hitting it earlier in the session. Bitcoin, the world's biggest and best-known cryptocurrency, is up 65.4% from the year's low of $38,505 it hit on Jan. 23. $BTC #BTCBreaks80KATH {spot}(BTCUSDT)
#BTCBreaks80KATH Bitcoin rises above $80,000 for first time$BTC

(Reuters) - Bitcoin was trading near record $80,000 on Sunday after hitting it earlier in the session.

Bitcoin, the world's biggest and best-known cryptocurrency, is up 65.4% from the year's low of $38,505 it hit on Jan. 23.

$BTC #BTCBreaks80KATH
#BTC79K $BTC Bitcoin hitting $80,000 would mark a significant milestone! Reaching this price could be due to factors like increased institutional investment, regulatory clarity, adoption as "digital gold," or major geopolitical or economic shifts driving people toward decentralized assets. It could mean we're in a strong bull market, with rising demand for BTC as a hedge against inflation or a standard in digital finance. Such price targets usually bring a lot of excitement to the crypto space, impacting other cryptocurrencies, sparking interest in blockchain projects, and bringing media attention. Do you think $80k will happen soon, or do you have a specific timeline in mind? #BTC79K $BTC $BTC {future}(BTCUSDT)
#BTC79K $BTC
Bitcoin hitting $80,000 would mark a significant milestone! Reaching this price could be due to factors like increased institutional investment, regulatory clarity, adoption as "digital gold," or major geopolitical or economic shifts driving people toward decentralized assets. It could mean we're in a strong bull market, with rising demand for BTC as a hedge against inflation or a standard in digital finance.

Such price targets usually bring a lot of excitement to the crypto space, impacting other cryptocurrencies, sparking interest in blockchain projects, and bringing media attention. Do you think $80k will happen soon, or do you have a specific timeline in mind?
#BTC79K $BTC
$BTC
#BTC79K You're interested in Bitcoin (BTC) reaching $79,000! That's an interesting price target. Bitcoin's volatility often leads to significant price swings. Would you like: 1. Current Bitcoin price and market updates 2. Bitcoin price predictions from experts 3. Analysis of factors influencing Bitcoin's price 4. Information on investing in Bitcoin Choose your option, or let me know what's on your mind! Optimistic about Bitcoin (BTC) breaking $80,000! Many experts predict BTC will continue to rise, driven by: 1. Increased adoption 2. Limited supply 3. Improving infrastructure 4. Institutional investment Some price predictions for 2024 and beyond: - Bloomberg: $80,000 - $100,000 - CNBC: $75,000 - $120,000 - CoinDesk: $70,000 - $150,000 Keep in mind, crypto markets are highly volatile. Always do your research, set realistic expectations, and consider diversifying your investments. Would you like: 1. Real-time BTC price updates 2. Market analysis and trends 3. Investment strategies 4. Crypto news and updates Choose your option! #BTC79K $BTC {spot}(BTCUSDT)
#BTC79K
You're interested in Bitcoin (BTC) reaching $79,000!

That's an interesting price target. Bitcoin's volatility often leads to significant price swings. Would you like:

1. Current Bitcoin price and market updates
2. Bitcoin price predictions from experts
3. Analysis of factors influencing Bitcoin's price
4. Information on investing in Bitcoin

Choose your option, or let me know what's on your mind!

Optimistic about Bitcoin (BTC) breaking $80,000!

Many experts predict BTC will continue to rise, driven by:

1. Increased adoption
2. Limited supply
3. Improving infrastructure
4. Institutional investment

Some price predictions for 2024 and beyond:

- Bloomberg: $80,000 - $100,000
- CNBC: $75,000 - $120,000
- CoinDesk: $70,000 - $150,000

Keep in mind, crypto markets are highly volatile. Always do your research, set realistic expectations, and consider diversifying your investments.

Would you like:

1. Real-time BTC price updates
2. Market analysis and trends
3. Investment strategies
4. Crypto news and updates

Choose your option!

#BTC79K $BTC
#FedRateStrategy The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that angered Americans and helped drive Donald Trump's presidential election victory this week. The rate cut follows a larger half-point reduction in September, and it reflects the Fed's renewed focus on supporting the job market as well as fighting inflation, which now barely exceeds the central bank's 2% target. Thursday's move reduces the Fed's benchmark rate to about 4.6%, down from a four-decade high of 5.3% before September's meeting. The Fed had kept its rate that high for more than a year to fight the worst inflation streak in four decades. Annual inflation has since fallen from a 9.1% peak in mid-2022 to a 3 1/2-year low of 2.4% in September. In a statement after its latest meeting ended, the Fed said the "unemployment rate has moved up but remains low," while inflation has fallen closer to the central bank's target but "remains somewhat elevated."After their rate cut in September - their first such move in more than four years - the Fed's policymakers had projected that they would make further quarter-point cuts in November and December and four more next year. But with the economy now mostly solid and Wall Street anticipating faster growth, larger budget deficits and higher inflation under a Trump presidency, further rate cuts may have become less likely.In the bond market, the yield on the 10-year Treasury eased to 4.35% from 4.44% late Wednesday. It gave back some of its surge from the prior day, driven by expectations that Trump's plans for higher tariffs, lower tax rates and lighter regulation could lead to bigger economic growth, inflation and US government debt.They helped make up for bank stocks, which gave back some of their stellar gains from the day before. Other "Trump trades" that had rocketed higher after the election also lost some of their juice. #FedRateStrategy #Trump47thPresident $BTC {spot}(BTCUSDT)
#FedRateStrategy The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that angered Americans and helped drive Donald Trump's presidential election victory this week.

The rate cut follows a larger half-point reduction in September, and it reflects the Fed's renewed focus on supporting the job market as well as fighting inflation, which now barely exceeds the central bank's 2% target.

Thursday's move reduces the Fed's benchmark rate to about 4.6%, down from a four-decade high of 5.3% before September's meeting. The Fed had kept its rate that high for more than a year to fight the worst inflation streak in four decades. Annual inflation has since fallen from a 9.1% peak in mid-2022 to a 3 1/2-year low of 2.4% in September.
In a statement after its latest meeting ended, the Fed said the "unemployment rate has moved up but remains low," while inflation has fallen closer to the central bank's target but "remains somewhat elevated."After their rate cut in September - their first such move in more than four years - the Fed's policymakers had projected that they would make further quarter-point cuts in November and December and four more next year. But with the economy now mostly solid and Wall Street anticipating faster growth, larger budget deficits and higher inflation under a Trump presidency, further rate cuts may have become less likely.In the bond market, the yield on the 10-year Treasury eased to 4.35% from 4.44% late Wednesday. It gave back some of its surge from the prior day, driven by expectations that Trump's plans for higher tariffs, lower tax rates and lighter regulation could lead to bigger economic growth, inflation and US government debt.They helped make up for bank stocks, which gave back some of their stellar gains from the day before. Other "Trump trades" that had rocketed higher after the election also lost some of their juice.

#FedRateStrategy #Trump47thPresident $BTC
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