bullish

Bitcoin

Coin

<ul class="wp-block-list news-points">
 <li>Analysts believe the new week will be crucial for the crypto market.</li>
 <li>Indicators suggest Bitcoin has yet to exhaust its bullish potential in the current cycle.</li>
 <li>Bitstamp will integrate the XRP Ledger in its new derivatives exchange.</li>
</ul>
Crypto analysts are closely watching the Federal Reserve’s upcoming interest rate decision, believing it could significantly impact cryptocurrency prices.
On the Thinking Crypto <a href="https://www.youtube.com/watch?v=Yfj82dfQ6Kc" target="_blank" rel="noopener noreferrer nofollow">podcast</a>, the host highlighted how a rate cut could urge investors to take on more risk, potentially boosting crypto investments.
Financial analysts predict a Fed interest rate cut of either 50 or 25 basis points. Such a move could trigger an “easy money cycle,” making borrowing cheaper and potentially fueling a rise in the price of risky assets like cryptocurrencies.
<h2 class="wp-block-heading" id="h-a-btc-dump-could-precede-the-next-bull-run">A BTC Dump Could Precede the Next Bull Run</h2>
While anticipating a bullish crypto market, the analyst also predicted increased volatility among the digital assets that could lead to massive dumps leading to price dips ahead of the expected bull run. Bitcoin could dip below $50,000, perhaps even reaching $46,000, before rebounding.
However, several indicators, including the Pi Cycle Top …
The post <a href="https://coinedition.com/crypto-markets-await-feds-decision-bitcoin-ripple-and-bitstamp-in-focus/" rel="noopener noreferrer nofollow">Crypto Markets Await Fed’s Decision: Bitcoin, Ripple and Bitstamp in Focus</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Crypto Markets Await Fed’s Decision: Bitcoin, Ripple and Bitstamp in Focus

Table of Contents

Coin Edition

Other articles published on Sep 16, 2024

Ethereum Whale Resurfaces After Eight Years

Analysts Warn Investors as Solana Faces Potential Downturn

Crypto Enthusiasts and Politicians Unite to Support Bitcoin in Wisconsin

Anticipating Bitcoin’s Fate as Federal Reserve Verdict Approaches

1inch and OKX partner to power OKX Wallet and OKX DEX with 1inch APIs

The Ambition of MEET48's AI-UGC Ecosystem: AI-LLM and Web5 Architecture

Join our free newsletter for daily crypto updates!