The post Bitcoin (BTC) Price: Trades at $87,500 as Fed Rate Cut Odds Jump to 80% appeared com. TLDR Bitcoin trades around $87,500 on Wednesday after dropping to seven-month lows near $80,000 last week Market odds for a December Federal Reserve interest rate cut jumped to 80% from 42% in one week Speculation grows that Kevin Hassett could replace current Fed chair and support aggressive rate cuts CFTC announces new CEO Innovation Council to provide guidance on digital asset regulation and stablecoins Most altcoins including Ethereum and XRP remain subdued with Bitcoin still rangebound despite modest recovery Bitcoin traded at $87,536 on Wednesday morning, showing little movement after last week’s sharp decline to near $80,000. The world’s largest cryptocurrency has recovered modestly but remains in a tight trading range around $88,000. The market has seen a major shift in expectations for Federal Reserve policy. The odds of a December interest rate cut climbed to 80% from just 42% one week ago. This change followed comments from Federal Reserve officials who signaled support for lowering borrowing costs. San Francisco Fed president Mary Daly told The Wall Street Journal she supports another rate cut. She expressed concern about the labor market. “It’s vulnerable enough now that the risk is it’ll have a nonlinear change,” Daly said. New York Fed President John Williams also indicated room for policy adjustment. He stated there is space for further movement in the federal funds rate target range. The cryptocurrency fell from its October peak above $125,000 to current levels in just over a month. This represents a drawdown of nearly 40%. Bitcoin Price on CoinGecko Softer U. S. economic data has helped revive hopes for easier monetary policy. Lower interest rates typically benefit risk assets like cryptocurrencies. Political Changes Could Impact Fed Policy Reports suggest Kevin Hassett could succeed the current Federal Reserve chair. Hassett is a close adviser to Donald Trump. Market watchers view.
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Shiba Inu price faces massive token outflow and steadies for swing
207 billion SHIB tokens exit exchanges in 24-Hour period, largest outflow in months. Shiba Inu (SHIB) experienced a major withdrawal event when 207 billion SHIB tokens exited cryptocurrency exchanges throughout a single day according to CryptoQuant data. The recent withdrawal.
Ripple (XRP) Price Prediction: XRP Could Rebound Soon, But This New Crypto Will Outmatch Its Gains
The post Ripple is still in its initial stages; however, XRP has been limited by key resistance levels. Market history shows that XRP has found it difficult to muster enough momentum to spark explosive growth without the need for key market drivers. The limelight is already focusing on Mutuum Finance (MUTM), a $0. 035 DeFi crypto that has already caused quite a buzz in the sector. The twin lending platform that MUTM provides has the potential to enable lending as well as borrowing within the same ecosystem. The current Stage 6 presale has sold over 90% of the supply; therefore, there is FOMO evident among investors. Mutuum Finance is the next big new crypto investment opportunity that has greater potential growth compared to XRP. XRP Ranges Sideways as Buyers Target Major Inception Levels The current trading range of Ripple (XRP) between $1. 90 and $3. 38 in 2025 has left many investors unsure about the next move. Experts such as Ali Martinez believe that it might be better to buy XRP closer to the $1. 90 marker to take advantage of potentially moving upwards if the current bull trend resumes. Since macrofinancial considerations such as the success of spot XRP ETF and DTCC inclusion combined with renewed liquidity in the US are behind the optimistic outlook, current trades are cautious in terms of price momentum. While the spotlight rests with projects that are useful and possess tremendous growth potential, one investment that has gained attention with the potential to act as an alternative to projects with higher growth potential in 2025 is the DeFi crypto, Mutuum Finance. This new crypto has been attracting investors who are looking for tangible utility and strong adoption potential. Presale Trend Experiences Surge Mutuum Finance is quickly making its name among the most anticipated DeFi.
Top Crypto Gainers Today: Decred and StarkNet Prices Rally as Altcoins Rebound
The post Top Crypto Gainers Today: Decred and StarkNet Prices Rally as Altcoins Rebound appeared first and StarkNet (STRK) emerging as standout performers. Both tokens surged sharply over the last 24 hours, outperforming major assets like Bitcoin and Ethereum. Decred price jumped over 62%, driven by renewed interest in its hybrid governance.
HVDC Transmission Market Size to Hit USD 19.06 Billion by 2032 | SNS Insider
The HVDC transmission market is poised for significant expansion, driven by the accelerating integration of renewable energy, rising electricity demand, and long distance low loss power transmission is set to drive the HVDC transmission market. The HVDC transmission market is poised for significant expansion, driven by the accelerating integration of renewable energy, rising electricity demand, and long distance low loss power transmission is set to drive the HVDC transmission market.
San Francisco’s Mission District is mourning an iconic bodega cat after it was run over by a Waymo
Waymo is drawing ire in San Francisco after the owner of a beloved bodega cat said the feline was run over and killed by the company’s robotaxi.
Pudgy Penguins (PENGU) Price Prediction: Will Bulls Defend the $0.017 Support or Face Another Leg Down?
The post Pudgy Penguins Meanwhile, RSI sits close to 30, reflecting oversold conditions, and MACD remains in the negative zone but is flattening, suggesting that selling pressure may be nearing exhaustion. PENGU tests the lower boundary of its descending channel near $0. 0175, signaling potential reversal interest. If momentum flips positive, the first key target sits around $0. 022, followed by $0. 028 to $0. 030 where previous resistance lines intersect. Liquidation Heatmap Shows Room for a Squeeze Kwiik’s liquidation heatmap analysis suggests that PENGU’s largest cluster of short liquidations lies near $0. 034. With the majority of leveraged positions concentrated.
VeChain Price Market Technicals Hint at 5x Upside
The post VeChain Price Market Technicals Hint at 5x Upside appeared com. VET price could hit the $0. 1 target once the ongoing consolidation phase fades. VeChain’s price mirrors historical patterns seen in 2020 and 2021 following major breakouts. Vechain (VET) has a positive outlook, as its technical indicators hint at a potential 5x rally ahead. $0. 1 VET Target Spotlighted CryptoPulse sees the price stability of VET as a function of accumulation around $0. 016. To the analyst, large investors are purchasing VET, storing energy for a breakout. Per the analysis, VeChain has a track record of long periods of sideways price action, usually followed by strong breakouts. CryptoPulse described this playbook as a “Calm before the storm.” The analyst is targeting the next VET breakout price at $0. 10, approximately a 5x increase from the current level. As of writing, the VET token was priced at $0. 01622, up 2. 99% over the past 24 hours. The trading volume stands at $28. 4 million, while the market cap surged to $1. 39 billion. If market momentum returns, VET could witness a major rally, drawing on VeChain’s focus on real-world utility and partnerships. As detailed in our last news piece, VeChain partnered with Keyrock, a global crypto investment firm founded in Brussels. Through the partnership, Keyrock has become a validator on the VeChainThor network. This means they are operating nodes that take part in the process of verifying and adding transactions to the blockchain. Furthermore, VeChain has continued to strengthen its position as a leading enterprise blockchain. It offers solutions for supply chain management, logistics, and carbon tracking, while on-chain metrics illustrate an increase.
Bitcoin News: Whales Are Buying the Dip While Retail Traders Panic
The drop from $126,000 to near $105,000, they argue, may be the final shakeout before the market’s next breakout phase. [.] The post Bitcoin News: Whales Are Buying the Dip While Retail Traders Panic appeared first on Coindoo.