Tag: Price

  • AERGO price falls 12%, defies broader crypto surge

    AERGO price falls 12%, defies broader crypto surge

    • Aergo price has dived 12% as Bitcoin and top altcoins rally.
    • The AERGO token falls amid profit-taking after a staggering 300% surge.
    • Bears could eye levels below $0.20.

    Aergo price has dipped further as profit-taking holds, with the altcoin declining even as most altcoins rose in the past 24 hours.

    These losses come after a staggering 300% surge for AERGO seen earlier this month. The token has nosedived despite a major network update.

    “With AERGO 2.7.0, smart contract verification enters a new era. By embedding AI-powered auditing directly into the platform, AERGO ensures contracts are not only deployed faster but with greater confidence in their security and integrity,” the Aergo team wrote.

    The AERGO price action today

    As of April 23, 2025, the price of AERGO hovered near $0.21, down 12% per data from CoinMarketCap.

    The decline comes amid heightened volatility, with the token’s meteoric rise having given way to massive selling pressure.

    Notably, like other recent explosive tokens such as VOXEL, Aergo has seen a significant spike in concerns over potential market manipulation.

    Analysts have also pointed to potential insider selling, a 44% drop in a single day recently exacerbating the concerns.

    Market analyst Ash Crypto shared in a post on X:

    As AERGO price falls, altcoins such as Deepbook, Zerebro, and Sui have surged in the past 24 hours.

    ETH, XRP, and SOL have led the mega cap alts higher also.

    The upside follows Bitcoin (BTC) edging past key resistance levels to regain $94k.

    BTC’s surge comes amid a weaker US dollar and strong institutional buying, with news on tariffs and other factors catalysing gains.

    Spot Bitcoin exchange-traded funds have also shown strong institutional demand, aligning inflows with Bitcoin’s resilience.

    This means AERGO’s pullback stands out, including the 10% decrease in daily volume.

    AERGO price analysis

    Despite today’s dip, AERGO remained up 222% in the past month, reflecting the recent strength of the altcoin’s surge.

    However, AERGO’s price action reflects a classic post-pump correction.

    After surging to an all-time high near $0.70 on April 16, driven by Binance’s perpetual contracts and DigiFinex’s USDT trading pair listing, the token faced intense selling pressure.

    It means bulls have a lot to do to reclaim recent peaks.

    On the upside, AERGO faces resistance at $0.23 and $0.28, with a break above potentially targeting $0.42.

    The flipside has a dip below $0.20 and a retest of $0.16 and $0.12.

    If Bitcoin sustains its rally and altcoin sentiment continues to be positive, it will be interesting to watch what AERGO does. Will bulls rebound, or are concerns set to push prices lower?



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  • Bitcoin price prediction: analyst predicts BTC will hit $137k by Q3

    Bitcoin price prediction: analyst predicts BTC will hit $137k by Q3

    Bitcoin price prediction: analyst predicts BTC will hit $137k by Q3

    • Bitcoin (BTC) has rebounded above $85,000, with a predicted rise to $137,000 by Q3 2025.
    • US Treasury’s $500B liquidity boost and ETF inflows drive the bullish Bitcoin price prediction.
    • However, risks like US debt ceiling talks and failure of the coin to break $85,000 resistance could push the BTC price lower.

    Bitcoin’s price trajectory over the past few days has captured the crypto community’s attention as it stabilizes above $85,000 after a recent dip below $80,000 following US President Donald Trump’s Liberation Day tariffs.

    Analyst Titan of Crypto has forecasted that Bitcoin (BTC) could soar to $137,000 by the third quarter of 2025, igniting excitement among cryptocurrency enthusiasts.

    This ambitious prediction hinges on a blend of technical indicators and macroeconomic trends currently shaping the market.

    Why Bitcoin (BTC) price could hit $137,000

    One of the factors behind Titan’s Bitcoin price prediction is the massive US Treasury liquidity injections.

    The US Treasury has injected $500 billion into the markets since February 2025, reducing its Treasury General Account from $842 billion to $342 billion, significantly boosting liquidity in the markets.

    This move elevated the net Federal Reserve liquidity to $6.3 trillion, with forecasts suggesting it could climb to $6.6 trillion by August if debt ceiling negotiations persist.

    According to historical trends, BTC has exhibited an 83% correlation with global liquidity over the past year, often outperforming traditional assets like stocks and gold.

    For example, past liquidity surges in 2022 and 2023 preceded notable Bitcoin rallies, hinting that the current environment could pave the way for another upward surge.

    On the technical front, Titan of Crypto points to a bullish pennant pattern on Bitcoin’s daily chart, suggesting a potential 60% rally to $137,000 if it breaks the 200-day EMA near $90,000.

    Bitcoin has struggled to overcome this resistance around $85,000 since late February, but a decisive close above it could shift momentum firmly in favour of the bulls.

    Adding to the optimism, Bernstein analysts had predicted that over $70 billion in Bitcoin ETF inflows in 2025 could push prices as high as $200,000, reflecting growing institutional adoption.

    The April 2024 halving, which slashed mining rewards to 3.125 BTC, further supports this narrative, as previous halvings have triggered bull runs exceeding 600% gains.

    Beyond technicals, macroeconomic factors like recent tariff exemptions have lowered US Treasury yields, easing pressure on risk assets and creating a fertile ground for Bitcoin’s growth.

    Market sentiment also leans bullish, with buy-side liquidity on exchanges like Binance outpacing sell-side by a factor of 10, while large investors shift BTC to cold storage, signaling long-term confidence.

    The risks to Bitcoin’s climb

    However, risks loom on the horizon, as an early US debt ceiling resolution could cap liquidity at $6.3 trillion, potentially stunting Bitcoin’s ascent.

    Renewed trade war fears or geopolitical tensions could also drive investors toward gold, leaving Bitcoin vulnerable to a shift in safe-haven preferences.

    Technically, failure to breach the 200-day EMA could trap Bitcoin below $85,000, risking a drop to supports at $78,000 or $74,500.

    Despite these challenges, the broader 2025 outlook remains bright, with price targets ranging from $137,000 to $250,000, fueled by ETF inflows, corporate uptake, and post-halving dynamics.

    Companies like Semler Scientific, planning to raise $500 million to buy more BTC, exemplify the rising corporate embrace of Bitcoin as a treasury asset.

    Meanwhile, potential US-China trade talks could further enhance risk-on sentiment, benefiting speculative assets like Bitcoin if tensions ease.

    In the mining sector, increased selling by miners due to lower profitability, evidenced by 15,000 BTC outflows on April 7 when prices hit $74,000 according to the weekly CryptoQuant’s report, presents a short-term hurdle.

    Bitcoin miner CleanSpark on Tuesday announced it has secured a $200 million Bitcoin-backed credit facility from Coinbase Prime, shifting away from its previous 100% Bitcoin HODL strategy.

    The company will now begin selling part of its monthly BTC production to support growth and fund operations.

    However, the robust demand from institutional and retail investors appears poised to absorb this supply, maintaining upward pressure on prices.

    Ultimately, Titan of Crypto’s $137,000 Bitcoin price prediction by Q3 2025 rests on a compelling mix of liquidity trends, technical potential, and institutional momentum, offering a plausible glimpse into Bitcoin’s near-term future.



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  • Status (SNT) price up after 35% dev activity rise

    Status (SNT) price up after 35% dev activity rise

    • Status (SNT) price jumpd 38% in the past 24 hours.
    • Gains see the altcoin rank among best gainers today.
    • SNT broke to near $0.030 amid network growth, though potential for profit taking is high.

    Status (SNT), the utility token powering the Status Network, has seen a remarkable price surge.

    According to data from CoinMarketCap, SNT price is up 38% in the past 24 hours and over 60% in the past week. Its performance has overshadowed the plummeting MANTRA.

    Having broken above resistance at $0.023, Status price jumped to near $0.030 before paring some of the gains.

    Despite this, SNT ranks among the top gainers in the top 500 coins by market cap, behind Ardor (ARDR) and Fuel Network (FUEL). The altcoin traded around $0.028 with the daily volume spiking more than 1,200% to suggest massive market activity.

    SNT development activity on the rise

    Status has been making waves in the blockchain space, as evidenced by a 35% growth in development activity, a metric verified by Chain Broker.

    According to the analyst, Status ranked among the top 10 projects for development activity growth in the past month. Its overall activity measure of +35% put SNT alongside heavyweights like Cosmos, and Solana.

    The project’s consistent focus on its mission—delivering private messaging, crypto freedom, and true decentralization—has kept its development efforts robust. A recent update from the official Status account emphasized this commitment.

    Status is a project dedicated to enhancing an open-source messaging platform and mobile interface for Ethereum-based decentralized applications, likely contributing to its recent price momentum.

    Status price forecast: What next for SNT?

    Traders might want to watch the broader market for overall sentiment, with Bitcoin futures suggesting a weakness as China reportedly sells its seized crypto.

    If there’s a sharp retracement, wavering on the part of bulls will impact the rest of the market.

    The crypto fear & greed index also points to caution.

    Technical indicators provide an outlook for SNT’s price trajectory.

    On the daily chart, the Relative Strength Index (RSI) stands at 61 and upslopping, signaling a potential flip into overbought territory.

    Similarly, the Moving Average Convergence Divergence (MACD) reflects bullish momentum. The signal line is above the 50-period mark, while the positive histogram adds to this picture.

    However, the recent 9.65% price increase could signal a potential reversal if bullish momentum builds.

    SNT chart by TradingView

    Derivatives data from CoinGlass highlights market dynamics, showing fluctuations in futures volume and open interest for SNT.

    OI up 89% to over $7.4 million and rising trading activity in futures suggests growing speculative interest. This could amplify price volatility, with a jump in open interest continuing in the short term.

    In this case buyers could push SNT price to $0.05. However, the market continues to seesaw and SNT’s price may have to rely on support near $0.018.



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  • PI coin price drops 10% to key level despite major network news

    PI coin price drops 10% to key level despite major network news

    • Pi Network price has dropped nearly 10% in the past 24 hours.
    • Traders are likely to watch the $0.65-$0.75 range for signs of a breakout or further weakness.
    • Pi Network’s focus on real-world adoption positions it for long-term growth.

    Pi Network’s native token, PI, has experienced a sharp decline over the past 24 hours, falling to a critical support level despite significant ecosystem developments.

    The price drop comes as major cryptocurrencies struggle to hold onto gains.

    In the past 24 hours, PI price has dropped nearly 10% and cut weekly upside to about 14%, with the altcoin hovering near $0.66.

    Despite the expansion of the Pi Ad Network to all ecosystem dApps, Pi Network’s price is under short-term bearish sentiment.

    Tron and Cardano have also struggled, but what does this mean for the PI token?

    Key Pi Network developments

    In the past few days, Pi Network has posted notable network developments.

    It includes a major Chainlink integration that marks a pivotal step for the cryptocurrency, which brings real-time, accurate data for decentralized applications.

    For dApps, the collaboration means fresh potential for DeFi applications, prediction markets, and blockchain games, all of which could drive PI demand.

    It’s the same outlook for DeFi protocols such as lending or staking platforms.

    Meanwhile, the Pi Ad Network’s expansion to all ecosystem dApps introduces a new revenue stream for developers.

    Advertisers must purchase PI to fund campaigns, while developers earn PI through user engagement.

    Initially piloted with five apps in 2024, the Ad Network’s full rollout is expected to accelerate app development and token utility.

    However, these fundamentals aside, PI’s price action reflects market hesitation.

    PI price prediction

    Since hitting highs near $3 in February, PI has been on a steady decline.

    The token has shed significant value, with the current level about 77% of the all-time high.

    A look at the four-hour chart reveals a symmetrical triangle pattern, a technical setup often signaling consolidation before a breakout.

    Notably, this can go in either direction, and it’s downward for PI.

    Pi Network chart by TradingView

    The symmetrical triangle breakdown suggests sellers are capitalizing on uncertainty, possibly due to broader market conditions or profit-taking after earlier gains.

    It’s what likely has bears in control, a scenario that could push PI price below key levels.

    As can be seen above, the token is now testing support near $0.65. Other than the symmetrical triangle pattern, the relative strength index and the moving average convergence divergence give sellers an upper hand. The MACD indicates a recent bearish crossover, shifting short-term sentiment after a rejection around $0.75.

    If bulls fail to hold above $0.65, PI could slide toward $0.50.

    However, if bullish momentum builds, PI could break above $0.8 and rally toward $1.20 in the near term.



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  • Here’s why Bubblemaps (BMT) price soared 110% today

    Here’s why Bubblemaps (BMT) price soared 110% today

    • Bubblemaps (BMT) has spiked more than 110% in the past 24 hours, climbing from lows of $0.12 to intraday highs of $0.29.
    • This put BMT ahead of Mubarak (MUBARAK) and API3 (API3) in terms of 24-hour performance.
    • Binance and Bithumb news are likely catalysts for Bubblemap’s price rally.

    Bubblemaps’ native token BMT has surged by more than 110% in the past 24 hours, climbing from lows of $0.12 to intraday highs of $0.29.

    The altcoin’s gains put it at the top of the 500 largest coins by market cap, ahead of Mubarak (MUBARAK) and API3 (API3). Per CoinMarketCap, the two tokens have surged 77% and 54% respectively in the past 24 hours. Bounce (AUCTION) led gainers on Monday.

    Why did Bubblemaps price skyrocket today?

    Bubblemap’s BMT is surging amid an overall flip for some altcoins. The cryptocurrency is also surging as BMT’s traction post its token generation event continues.

    Part of this upside momentum reflects invstor enthusiasm after major announcements by Binance and Bithumb. Recently, Binance announced the launch of BMT futures and price rallied hard.

    Bubblemaps price chart by CoinMarketCap

    On Tuesday, South Korean crypto exchange Bithumb announced trading support. With another major Binance announcement out today, Bubblemaps has skyrocketed.

    “Binance is excited to announce the 12th project on the HODLer Airdrops page – Bubblemaps (BMT). Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-03-02 00:00 (UTC) to 2025-03-06 23:59 (UTC) will get the airdrops distribution,” the exchange noted.

    Users will get the HODLer Airdrops in their spot accounts at least an hour before the exchange rolls out trading.

    Expected pairs set to go live on March 18 at 15:00 UTC will be BMT against stablcoins Tether (USDT), USDC (USDC) and First Digital USD (FDUSD). Binance will also list trading pairs against BNB (BNB) and Turkish Lira (TRY).

    Bulls push BMT price to all-time high

    Positive vibes have propelled BMT’s market capitalization to over $72 million, with trading volume up 257% in 24 hours.

    Bubblemaps is a blockchain data visualization platform designed to make complex on-chain data accessible and actionable. Launched on networks like Solana and BNB Chain, Bubblemaps transforms tokenomics and wallet interactions into intuitive bubble charts, helping users identify patterns, clusters, and potential scams.

    Its native token, BMT, powers the ecosystem and serves as both a utility and governance token.

    Since its token generation event on March 11, hosted on Binance Wallet, Bubblemaps has seen its price jump to the all-time high of $0.29. Notably, BMT is up 266% since its all-time low of $0.07 on March 12.

    Momentum has swung upward amid top exchange’s listing of BMT. Apart from Binance and Bithumb, the token is available on Kraken, Bitget and Bybit.

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  • Bitcoin Pepe presale nears $5M as Bitcoin price rebounds

    Bitcoin Pepe presale nears $5M as Bitcoin price rebounds

    Bitcoin Pepe presale nears $5M as Bitcoin price rebounds

    • Bitcoin Pepe presale nears $5M as Bitcoin (BTC) hits $85,263.
    • Whales are buying BTC en mass, boosting confidence in Pepe’s L2 vision.
    • The current Bitcoin Pepe presale price of $0.0281 offers a great entry point before the anticipated Q2 listing.

    As Bitcoin’s price rebounds, hitting an intraday high of $85,263.29 on CoinMarketCap and reclaiming its 200-day moving average, the crypto market is buzzing with renewed energy. Amid this rebound, Bitcoin Pepe, a pioneering layer 2 solution building Solana-style scalability on Bitcoin, is closing in on a $4.9 million presale haul.

    With the world’s only Bitcoin meme ICO going viral, investors are eyeing a massive upside as BTC bulls regain momentum and whales accumulate during the dip.

    Bitcoin’s rally fuels meme coin momentum

    Bitcoin’s climb to $85,263.29, up 4.9% in just 24 hours, reflects a broader risk-on sentiment sweeping both crypto and traditional markets. The S&P 500 and Nasdaq rose 1.7% and 2.3%, respectively, signaling a return of investor confidence.

    This backdrop couldn’t be timelier for Bitcoin Pepe, now in Stage 7 of its 30-stage presale. Priced at $0.0281, each stage brings a 5% price hike, offering early adopters like those in Stage 1 a 33.8% gain already—hinting at Solana’s early days when it soared from $0.22 in 2020.

    As short-term BTC holders panic-sell at a loss, Bitcoin Pepe’s vision of uniting memes on BTC’s secure foundation is striking a chord.

    The project’s audited smart contracts and doxxed team add credibility to its bold claim of transforming Bitcoin into the future home of meme coin trading.

    With whales snapping up BTC during this dip, as noted by trader Quinten Francois on X, the market’s big players seem to share a bullish outlook.

    Amid this whale accumulation, Bitcoin Pepe’s PEP-20 token standard promises to spark a token creation boom on BTC, much like Ethereum’s ERC-20 did, positioning it to capture the $2 trillion of dormant BTC capital ready to flood into meme mania.

    Presale urgency grows with market shifts

    With $4,879,100 raised and counting, Bitcoin Pepe’s presale is heating up as it approaches its Q2 2025 listing. The current Stage 7 price of $0.0281 jumps to $0.0295 in Stage 8, and savvy investors are rushing to lock in gains before the next increase.

    This urgency aligns with market trends—analyst Bob Loukas predicts Bitcoin (BTC) and stocks have “more room to run” after bouncing from oversold levels.

    For Bitcoin Pepe, this could mean a perfect storm: a strengthening BTC paired with a layer 2 poised to deliver Solana-speed transactions and ultra-low fees.

    The project’s staking rewards further sweeten the deal, offering holders passive income with APYs up to 10,000% for long-term pools, blending boomer security with zoomer gains.

    As Bitcoin reasserts its dominance, Bitcoin Pepe’s mission to onboard the next billion users through a retail-friendly, meme-driven experience feels more attainable. Investors joining now, ahead of the Q2 DEX and CEX listings, are betting on a future where BTC isn’t just digital gold but the epicenter of meme coin chaos.

    To learn more, visit the official Bitcoin Pepe website.



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  • Bitcoin ETF investors hold strong despite a 25% BTC price drop: Here’s why

    Bitcoin ETF investors hold strong despite a 25% BTC price drop: Here’s why

    • US Bitcoin ETFs collectively manage $115 billion in assets
    • Since mid-February, Bitcoin ETFs have witnessed total outflows of nearly $5 billion
    • Bitcoin’s decline continues as selling pressure intensifies

    Even as Bitcoin’s price has tumbled 25% since the start of 2025, a staggering 95% of investors in US spot Bitcoin ETFs have held firm, resisting the urge to sell.

    Despite market volatility and macroeconomic uncertainties, Bloomberg data suggests that the overwhelming majority of ETF holders remain unfazed, showcasing strong conviction in Bitcoin’s long-term potential.

    Bitcoin ETFs show resilience 

    Bloomberg ETF strategist James Seyffart reported that inflows into Bitcoin ETFs have slightly declined to $35 billion, down from their $40 billion peak.

    However, this still represents over 95% of investor capital remaining in ETFs, even as Bitcoin’s price struggles.

    Institutional investors, including Goldman Sachs, continue to maintain significant exposure, with more than $1.5 billion invested in Bitcoin ETFs.

    As of now, US Bitcoin ETFs collectively manage $115 billion in assets, underscoring the staying power of both retail and institutional investors despite the crypto market downturn.

    Bitcoin ETF outflows persist

    Since mid-February, Bitcoin ETFs have witnessed total outflows of nearly $5 billion.

    On March 13 alone, outflows reached $135 million, according to Farside Investors.

    However, BlackRock’s iShares Bitcoin Trust (IBIT) remains an exception, attracting net inflows of $45.7 million amid the broader sell-off.

    Bitcoin price faces pressure 

    Bitcoin’s decline continues as selling pressure intensifies due to macroeconomic concerns, including the Trump administration’s ongoing tariff battle.

    While BTC briefly surged above $84,000 following the release of US CPI data on Wednesday, it failed to hold above key resistance levels.

    At press time, Bitcoin is trading at $81,953, down 1.56% on the day, with daily trading volume dropping 22% to under $30 billion.

    According to Coinglass data, 24-hour liquidations have spiked to $75 million, with $52 million in long positions being wiped out.

    CryptoQuant CEO Ki Young Ju noted that Bitcoin demand appears “stuck” at current levels but emphasized that it is still “too early to call it a bear market.”

    Long-term Bitcoin holders continue accumulating

    Despite Bitcoin ETF outflows, on-chain data reveals that long-term holders are accumulating more BTC.

    Crypto analyst Ali Martinez reported that these investors have added over 131,000 BTC to their wallets in the past month alone, signaling confidence in Bitcoin’s long-term trajectory.

    With Bitcoin’s price volatility and ETF outflows persisting, the coming weeks could be crucial in determining whether investors’ diamond hands will hold firm or if selling pressure will intensify.

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  • Weekly price analysis: prices range on uncertain economic outlook

    Weekly price analysis: prices range on uncertain economic outlook

    • Crypto prices traded within a range last week as crypto takes is relegated to the back burner in the wake of economic uncertainties
    • Exchange-traded fund (ETF) inflows were negative as Bitcoin ETFs logged net outflows of $62.9 million while Ethereum ETFs logged $8.9 million in outflows

    Bitcoin

    Bitcoin’s price action continued trading rangebound, with weekly highs and lows of $99,509 and $93,331, as uncertainty looms around inflation, US President Donald Trump’s policies, and geopolitical events.

    Zooming out, we see that price action has ranged at the daily support level for the last three weeks as current market conditions lack sufficient catalyst to push prices to new highs.

    BTC/USD chart by TradingView

    Open interest mimics price action as the week began with a reduction in the volume of open contracts which picked up on Wednesday, February 19, congruent with price action.

    CME BTC Futures Open Interest (USD) chart by Coinglass

    Outlook

    Bitcoin must remain above the daily support of $90,673 to remain in bullish territory. A close below this level on the daily time frame could trigger a fall to the $84,000 level.

    Meanwhile, market sentiment has cooled significantly over the last month and is in neutral territory.

    Bitcoin trades at $87,900 as of publishing.

    Ethereum

    Ethereum’s price action ranged last week logging a weekly high and low of $2,848 and $2,604 despite last week’s news of the Bybit hack.

    ETH/USD chart by TradingView

    Zooming out, we see a bleaker picture as ETH has been trending lower since December 09 after failing to break above its March 2024 high.

    ETH/USD chart by TradingView

    Open interest data shows a steady rise in contract volume throughout the week though price traded rangebound.

    Binance ETH Futures Open Interest (USD) chart by Coinglass

    Outlook

    We reckon the next major support zone for ETH is the $2,500 level which has proven to be a strong liquidity level in the past.

    ETH/USD chart by TradingView

    ETH trades at $2,384 as of publishing.

    Solana

    Like Ethereum, Solana’s price has been declining since it failed to swing higher and form new candles above the last all-time high on the daily time frame.

    SOL/USD chart by TradingView

    Unlike Ethereum, last week’s price action was bearish as the price fell from a weekly open around $194 to a close around $171.

    SOL/USD chart by TradingView

    Open interest charts show topsy-turvy movement in open contract volumes as the price falls.

    Binance SOL Futures Open Interest (USD) chart by Coinglass

    Outlook

    The next major support zone for Solana is at the $129 level. However, we may see smaller rallies as price trends lower overall.

    SOL/USD chart by TradingView

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  • The Fed is expected to cut interest rates twice in 2025, what might this mean for the Bitcoin price?

    The Fed is expected to cut interest rates twice in 2025, what might this mean for the Bitcoin price?

    The cryptocurrency market has gone mainstream. It is no longer retail investors’ assets as institutions globally are investing in Bitcoin and other major cryptocurrencies. 

    As a risk-based asset, Bitcoin’s price is affected by central bank policies, especially those from the United States Federal Reserve.

    Bitcoin’s rally in 2024 and connections with rate cut

    The cryptocurrency market was bullish in 2024, with the Bitcoin price surging by over 100%. The rally allowed Bitcoin to rally to an all-time high above $100k. A key catalyst to Bitcoin’s surge last year was the multiple rate cuts by the Federal Reserve.

    In 2024, the Fed cut rates three times, bringing it down to the target range of 4.25%-4.50%. Before then, the rate had been on a lofty plateau of 5.25%-5.50% since July 2023.

    The reduced interest rates affected Bitcoin’s price, allowing it to hit the $100k mark for the first time in its history. When interest rates are high, the cost of borrowing money is high. Higher interest rates decrease the liquidity in financial markets, providing more capital for less risky investments like bonds.

    However, lower interest rates increase the liquidity in financial markets, with investors opting to push money into riskier assets like Bitcoin. 

    Fed kept interest rates steady in January

    Bitcoin reached an all-time high price of $109,410 on January 20 as the market reacted to Trump assuming office. However, it has since lost 11% of its value and now trades just above $97k.

    A key factor in the poor market performance in the past few weeks was the Fed’s decision to hold interest rates steady. On January 29th, the Fed announced that the borrowing rate remained between 4.25% and 4.5%.

    Leaving the rate unchanged affected Bitcoin’s price as it has failed to rally to a new all-time high. It has also struggled to stay above $100k since the start of February. 

    Fed to cut interest rate twice in 2025

    The first FOMC meeting of 2025 saw the Fed leave the interest rate unchanged. The United States Fed is expected to cut rates twice before the end of the year. However, this decision will be affected by inflation levels.

    If the inflation levels rise sharply, the Fed will increase interest rates to curb the rising inflation. However, if inflation levels decline, the Fed will cut interest rates to stimulate the economy. 

    The CPI report earlier today, February 12th, revealed that inflation in the United States rose to 3%, its highest level since June 2024. The rising inflation could hamper possible interest rate cuts, with the news sending Bitcoin to the $94k level earlier today.

    Market analysts expect the Fed will lower rates twice this year, reaching 3.75%-4.00% by the end of 2025. However, the range of forecasts is wide, from a low of 3.00%-3.25% and a high of 4.50%-4.75%.

    Thanks to the expected rate cuts and other macroeconomic factors, analysts are optimistic Bitcoin’s price could reach a new all-time high. While predictions differ, most analysts are optimistic BTC’s price could hit between $150k-$200k before the end of the year.

    In addition to the expected lower interest rates, increased retail and institutional adoption could positively affect Bitcoin’s price in the coming months. Strategy (formerly MicroStrategy) continues to increase its exposure to Bitcoin while more companies are buying BlackRock’s spot Bitcoin ETF. 

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  • Weekly price analysis: crypto prices reel from risk off sentiments

    Weekly price analysis: crypto prices reel from risk off sentiments

    • The crypto market trended lower last week as US tariffs rocked the market, causing investors to flee to safe-haven assets like Gold
    • Crypto prices, which recovered slightly on Monday and Tuesday, continued trending downward as uncertainty looms
    • Meanwhile, spot ETF inflows remained positive despite some days of outflows

    Bitcoin

    Bitcoin’s price trended lower over the last week following US President Donald Trump’s announcement of tariffs on Canada, Mexico, and China. Investors fled to safe-haven assets like gold while risky assets, like crypto, trended lower.

    However, the tariffs are a catalyst for faster price declines as price action shows that Bitcoin was already on a decline in its substructure after failing to swing higher than the $108,000 level three weeks ago.

    BTC/USD chart by TradingView

    BTC made two consecutive lower lows on the substructure over the last two weeks and traded into the daily demand zone early last week, logging a weekly low of $91,176.94.

    After buying from the demand zone, the price rose to an internal supply zone at $102,000, validated by the 50% Fibonacci level, and sold off that zone to end the week at $96,475.03.

    BTC/USD chart by TradingView

    On the CME, where Bitcoin Futures are traded the most, open interest fell last week as traders closed contracts due to uncertainty caused by Trump’s tariffs.

    Meanwhile, spot BTC ETFs logged a positive week as net flows printed $208.30 million despite two days of major outflows.

    Price Outlook

    Provided the price remains above the demand zone on the daily timeframe, then Bitcoin’s overall structure should remain bullish despite price declines on the substructure.

    However, a daily close below the demand zone, i.e., below the $90,000 level, may trigger a sell-off to support levels around $84,000 or lower.

     

    BTC trades at $97,624.73 as of publishing.

    Ethereum

    After failing to break above March 2024 highs, Ethereum’s price has been on a downtrend on its substructure since mid-December 2024.

    On the 4-hour time frame, the price logged consecutive lower lows with the most recent low of $2,148.00 reached early last week. Price has improved since then, closing last week at $2,632.16.

    Open interest on Binance, where Ethereum Futures are traded the most, shows a decline in the number of open contracts, which could be another catalyst for price declines.

    Meanwhile, spot ETH ETFs logged positive inflows on all days last week, aside from Friday when it logged no inflows (or outflows), totalling $420.20Mn for the week.

    Price Outlook

    The next probable zone for ETH’s price to fall is a major support zone around $2,200. With Trump planning to impose a 25% tariff on steel and Aluminum as well as a fresh round of retaliatory tariffs against trade partners, more uncertainty could push ETH’s price there soon.

    ETH trades at $2,640.05 as of publishing.

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