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Market Alert: Bitcoin Slides Below $80K – Is the Bull Run on Pause? 🚨
Bitcoin took a major hit this Saturday, tumbling over 10% to around $75,700. This move marks a significant breakdown, with BTC now down more than 30% from its April 2025 peaks. The carnage didn't stop there—major altcoins like Ether (ETH) and Solana (SOL) both plummeted roughly 17% in the crossfire.
The Damage in Numbers:
$111 Billion: Total crypto market cap wiped out in just 24 hours.
$1.6 Billion: Leveraged positions liquidated (ouch!).
$75,709: The intraday low that put Strategy (formerly MicroStrategy) slightly underwater on their holdings.
Why is this happening?
According to CryptoQuant CEO Ki Young Ju, the "realized cap" has flatlined. In plain English: new capital has stopped flowing in. While the ETF hype fueled last year's rally, long-term holders are now aggressively taking profits.
What’s Next?
Don't expect a "V-shaped" recovery just yet. Analysts suggest we are entering a prolonged period of sideways trading rather than a swift rebound. The silver lining? A total 70% "cycle-style" crash is unlikely unless major institutional holders like Strategy start offloading their bags—which hasn't happened yet.
Stay cautious out there and keep an eye on those Coins.
#crypto #solana #ETH #CoinDesk
Bitcoin took a major hit this Saturday, tumbling over 10% to around $75,700. This move marks a significant breakdown, with BTC now down more than 30% from its April 2025 peaks. The carnage didn't stop there—major altcoins like Ether (ETH) and Solana (SOL) both plummeted roughly 17% in the crossfire.
The Damage in Numbers:
$111 Billion: Total crypto market cap wiped out in just 24 hours.
$1.6 Billion: Leveraged positions liquidated (ouch!).
$75,709: The intraday low that put Strategy (formerly MicroStrategy) slightly underwater on their holdings.
Why is this happening?
According to CryptoQuant CEO Ki Young Ju, the "realized cap" has flatlined. In plain English: new capital has stopped flowing in. While the ETF hype fueled last year's rally, long-term holders are now aggressively taking profits.
What’s Next?
Don't expect a "V-shaped" recovery just yet. Analysts suggest we are entering a prolonged period of sideways trading rather than a swift rebound. The silver lining? A total 70% "cycle-style" crash is unlikely unless major institutional holders like Strategy start offloading their bags—which hasn't happened yet.
Stay cautious out there and keep an eye on those Coins.
#crypto #solana #ETH #CoinDesk
England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
The Law Commission is seeking views on draft legislation to assign property rights to crypto and called for evidence for its project on digital assets and electronic trade documents.
The responses will determine the shape of legislation to be proposed to the government.
"Personal property rights are important for many reasons, including in the event of insolvency or where assets are interfered with or unlawfully taken," the commission said on Thursday.
"However, because digital assets differ significantly from physical assets, and from rights-based assets like debts and financial securities, they do not fit within traditional categories of personal property."
The Law Commission also called for evidence for its project on digital assets and electronic trade documents in private international law. The deadline for comments is May 16.
#Write2Earn #crypto #England #coindesk
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
The Law Commission is seeking views on draft legislation to assign property rights to crypto and called for evidence for its project on digital assets and electronic trade documents.
The responses will determine the shape of legislation to be proposed to the government.
"Personal property rights are important for many reasons, including in the event of insolvency or where assets are interfered with or unlawfully taken," the commission said on Thursday.
"However, because digital assets differ significantly from physical assets, and from rights-based assets like debts and financial securities, they do not fit within traditional categories of personal property."
The Law Commission also called for evidence for its project on digital assets and electronic trade documents in private international law. The deadline for comments is May 16.
#Write2Earn #crypto #England #coindesk
🟨 CoinDesk 20 Performance Update 🟨
🗓️ June 11, 2025 | 9AM ET
📈 Index: 3,283.15
↗️ +0.4% (+13.33) from Tuesday
🔥 Top Performers:
🔹 $AAVE +2.8% 🚀
🔹 $BCH +1.9% 💥$
📊 Market showing bullish momentum as leaders outpace the pack. Are we setting up for another green day? 🟢
💬 Drop your trades below 👇
#CoinDesk #AAVE #BCH #BinanceSquare #TradingUpdate
🗓️ June 11, 2025 | 9AM ET
📈 Index: 3,283.15
↗️ +0.4% (+13.33) from Tuesday
🔥 Top Performers:
🔹 $AAVE +2.8% 🚀
🔹 $BCH +1.9% 💥$
📊 Market showing bullish momentum as leaders outpace the pack. Are we setting up for another green day? 🟢
💬 Drop your trades below 👇
#CoinDesk #AAVE #BCH #BinanceSquare #TradingUpdate
Pakistan Bets on Blockchain: Will Billion-Dollar Remittances Change the Landscape?
Pakistan, one of the largest remittance-receiving countries in the world, is considering using blockchain technology to revolutionize the process of transferring money from abroad. According to Bilal bin Saqib, senior advisor to the Finance Minister and member of the newly established Pakistan Cryptocurrency Council (PCC), blockchain could be the key to reducing costs and speeding up transactions. Could this move help Pakistan tap into the enormous economic potential from its overseas labor community?
#CongressTradingBan
This doesn't harm those people who invite others to invest. The real impact won't be on them. The real risk is only for those whose investments are not transparent or who are in it for short term gain.
But if your investment is clean and you're in a long term project then there's not much to worry about.
What you need to do
Keep an eye on the news
Follow updates on #Binance #CoinDesk and #cointelegrapy
Avoid short term hype and schemes in this situation
Focus on transparent and utility based projects like RWA
DePIN just like what $SOL is doing.
This doesn't harm those people who invite others to invest. The real impact won't be on them. The real risk is only for those whose investments are not transparent or who are in it for short term gain.
But if your investment is clean and you're in a long term project then there's not much to worry about.
What you need to do
Keep an eye on the news
Follow updates on #Binance #CoinDesk and #cointelegrapy
Avoid short term hype and schemes in this situation
Focus on transparent and utility based projects like RWA
DePIN just like what $SOL is doing.
Pakistan's Strategic Move Towards Cryptocurrency Integration
Pakistan is embarking on a transformative journey to integrate cryptocurrency and blockchain technology into its national economic framework. This initiative is spearheaded by the newly established Pakistan Crypto Council (PCC), led by Chief Advisor to the Finance Minister, Bilal Bin Saqib.Bitcoin $BTC
agazine+14CoinDesk+14Reddit+14
A cornerstone of this strategy is the creation of a national Bitcoin reserve, inspired by similar moves in the United States. The reserve will consist of Bitcoin holdings from criminal and civil forfeitures, with a policy of long-term retention rather than speculative trading. This approach aims to establish Bitcoin as a strategic asset within Pakistan's financial system.
To support this digital infrastructure, Pakistan has allocated 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers. This move addresses the country's surplus electricity capacity and is expected to attract foreign investment, create high-tech employment opportunities, and foster economic growth. Reuters
The PCC is also working towards formalizing cryptocurrency regulations to provide a clear legal framework for digital assets. This includes exploring blockchain-based solutions for remittances, which could streamline the process and reduce costs for the significant Pakistani diaspora. Business Recorder+7The Express Tribune+7Profit by Pakistan Today+7CoinDesk
With over 60% of its population under the age of 30, Pakistan is positioning itself to become a hub for blockchain and Web3 innovation. The government's proactive stance on cryptocurrency and blockchain technology reflects a commitment to embracing digital transformation and fostering a more inclusive financial ecosystem.#CoinDesk
agazine+14CoinDesk+14Reddit+14
A cornerstone of this strategy is the creation of a national Bitcoin reserve, inspired by similar moves in the United States. The reserve will consist of Bitcoin holdings from criminal and civil forfeitures, with a policy of long-term retention rather than speculative trading. This approach aims to establish Bitcoin as a strategic asset within Pakistan's financial system.
To support this digital infrastructure, Pakistan has allocated 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers. This move addresses the country's surplus electricity capacity and is expected to attract foreign investment, create high-tech employment opportunities, and foster economic growth. Reuters
The PCC is also working towards formalizing cryptocurrency regulations to provide a clear legal framework for digital assets. This includes exploring blockchain-based solutions for remittances, which could streamline the process and reduce costs for the significant Pakistani diaspora. Business Recorder+7The Express Tribune+7Profit by Pakistan Today+7CoinDesk
With over 60% of its population under the age of 30, Pakistan is positioning itself to become a hub for blockchain and Web3 innovation. The government's proactive stance on cryptocurrency and blockchain technology reflects a commitment to embracing digital transformation and fostering a more inclusive financial ecosystem.#CoinDesk
XRP Rides a Fresh Wave at $3.55
Ripple’s XRP has climbed back above $3.50 for the first time in several weeks, trading at approximately $3.55 as of this morning, with a 24-hour volume of nearly $17.1 billion . That surge represents an 11 % gain in the last day and over 36 % for the week, signaling renewed conviction among both retail and institutional players.
#coindesk
---
Whales Are Quietly Accumulating
On-chain data shows that large XRP addresses have withdrawn significant balances from exchanges over the past 48 hours. When supply is moving off-platform, it often means traders intend to hold rather than flip for a quick profit. This pattern mirrors the behavior seen during Ripple’s March announcement as part of the U.S. strategic crypto reserve—only now, it’s happening without fanfare, suggesting seasoned investors are positioning ahead of any regulatory news.
---
ETFs, Renewed Optimism, and Court Clarity
The optimism isn’t isolated. Spot ETF flows into XRP-related products have ticked up modestly following September’s court ruling, which clarified aspects of XRP’s status under U.S. securities law. While no new ETF launched this week, traders are front-running what they believe could be the next approval—especially if the Clarity Act gains traction in Washington.
---
Community Buzz and FOMO
Scroll through social channels, and you’ll see threads like “XRP back on track” and “Did you miss this run?” Fresh “I bought the dip” posts abound, with newcomers urging each other to “hold for the next leg.” That grassroots buzz, combined with volume spikes, creates a self-reinforcing cycle: more buyers drive price, and higher price attracts more chatter.
---
What Comes Next
Support zone: Watch whether XRP can stay above $3.40—holding here would confirm the recent breakout.
Volume trend: Sustained 24-hour volumes above $15 billion indicate genuine interest; a drop below $10 billion could suggest a quick cooldown.
Regulatory signals: Any news on stablecoin or token clarity bills in Congress might accelerate the next move.
Through the lens of today’s activity, XRP’s latest rally feels less like a random pump and more like a coordinated pre-positioning ahead of expected catalysts. Whether this momentum holds or peters out will revea
l just how deep the conviction runs.
#AltcoinBreakout #AltcoinSeasonLoading #PowellVsTrump
#coindesk
---
Whales Are Quietly Accumulating
On-chain data shows that large XRP addresses have withdrawn significant balances from exchanges over the past 48 hours. When supply is moving off-platform, it often means traders intend to hold rather than flip for a quick profit. This pattern mirrors the behavior seen during Ripple’s March announcement as part of the U.S. strategic crypto reserve—only now, it’s happening without fanfare, suggesting seasoned investors are positioning ahead of any regulatory news.
---
ETFs, Renewed Optimism, and Court Clarity
The optimism isn’t isolated. Spot ETF flows into XRP-related products have ticked up modestly following September’s court ruling, which clarified aspects of XRP’s status under U.S. securities law. While no new ETF launched this week, traders are front-running what they believe could be the next approval—especially if the Clarity Act gains traction in Washington.
---
Community Buzz and FOMO
Scroll through social channels, and you’ll see threads like “XRP back on track” and “Did you miss this run?” Fresh “I bought the dip” posts abound, with newcomers urging each other to “hold for the next leg.” That grassroots buzz, combined with volume spikes, creates a self-reinforcing cycle: more buyers drive price, and higher price attracts more chatter.
---
What Comes Next
Support zone: Watch whether XRP can stay above $3.40—holding here would confirm the recent breakout.
Volume trend: Sustained 24-hour volumes above $15 billion indicate genuine interest; a drop below $10 billion could suggest a quick cooldown.
Regulatory signals: Any news on stablecoin or token clarity bills in Congress might accelerate the next move.
Through the lens of today’s activity, XRP’s latest rally feels less like a random pump and more like a coordinated pre-positioning ahead of expected catalysts. Whether this momentum holds or peters out will revea
l just how deep the conviction runs.
#AltcoinBreakout #AltcoinSeasonLoading #PowellVsTrump
@Ondo Finance
#SEC
📢 In September, Mark Janof, the General Counsel at Ondo Finance, will join Commissioner Hester Peirce at the SEC for a one-on-one dialogue session during the CoinDesk Policy & Regulation event in Washington.
💬 What questions should Mark ask Commissioner Peirce as the world of tokenization meets regulatory clarity?
$ONDO
#ONDO #Tokenization #SEC #CoinDesk
#SEC
📢 In September, Mark Janof, the General Counsel at Ondo Finance, will join Commissioner Hester Peirce at the SEC for a one-on-one dialogue session during the CoinDesk Policy & Regulation event in Washington.
💬 What questions should Mark ask Commissioner Peirce as the world of tokenization meets regulatory clarity?
$ONDO
#ONDO #Tokenization #SEC #CoinDesk
👉👉👉 Peter Thiel Made $200M Investment in $BTC , $ETH Before #Bullrun : Reuters
Peter Thiel's Founders Fund has reportedly invested $200 million in bitcoin and ether, making a strategic move before the recent surge in cryptocurrency prices.
According to a report by Reuters, the investment firm, led by Thiel, seized the opportunity to purchase bitcoin when it was trading below $30,000. As the market gained momentum, Founders Fund expanded its portfolio with additional purchases of both BTC and ETH.
Thiel, a vocal advocate for bitcoin, has often criticized central banks and fiat currencies, attributing bitcoin's ascent to these concerns. He has previously expressed regret for not investing more in the digital asset during the 2021 bull run, suggesting a continued bullish outlook on cryptocurrency.
Interestingly, Founders Fund had previously divested most of its crypto holdings in March 2022, just before the onset of the so-called "crypto winter." This strategic move reportedly netted the firm $1.8 billion. However, this recent investment marks a renewed interest in the crypto market, reflecting Thiel's confidence in its long-term potential.
It's worth noting that Thiel's involvement in the crypto space extends beyond investments. He is also a supporter of Bullish, an institutional crypto exchange, which notably acquired #coindesk from Digital Currency Group in 2023.
In summary, Thiel's Founders Fund's substantial investment in bitcoin and ether underscores a strategic move to capitalize on the recent bullish trend in #cryptocurrency prices, reflecting Thiel's ongoing interest and confidence in the digital asset market.
Source - coindesk.com
#CryptoNews #BinanceSquare
Peter Thiel's Founders Fund has reportedly invested $200 million in bitcoin and ether, making a strategic move before the recent surge in cryptocurrency prices.
According to a report by Reuters, the investment firm, led by Thiel, seized the opportunity to purchase bitcoin when it was trading below $30,000. As the market gained momentum, Founders Fund expanded its portfolio with additional purchases of both BTC and ETH.
Thiel, a vocal advocate for bitcoin, has often criticized central banks and fiat currencies, attributing bitcoin's ascent to these concerns. He has previously expressed regret for not investing more in the digital asset during the 2021 bull run, suggesting a continued bullish outlook on cryptocurrency.
Interestingly, Founders Fund had previously divested most of its crypto holdings in March 2022, just before the onset of the so-called "crypto winter." This strategic move reportedly netted the firm $1.8 billion. However, this recent investment marks a renewed interest in the crypto market, reflecting Thiel's confidence in its long-term potential.
It's worth noting that Thiel's involvement in the crypto space extends beyond investments. He is also a supporter of Bullish, an institutional crypto exchange, which notably acquired #coindesk from Digital Currency Group in 2023.
In summary, Thiel's Founders Fund's substantial investment in bitcoin and ether underscores a strategic move to capitalize on the recent bullish trend in #cryptocurrency prices, reflecting Thiel's ongoing interest and confidence in the digital asset market.
Source - coindesk.com
#CryptoNews #BinanceSquare
CoinDesk 20 Index Takes a Hit – Crypto Market Faces Volatility! 🚨
The #CoinDesk 20 Index is feeling the heat, dropping 3.3% to 2571.75, shedding 88.79 points since Monday afternoon. With all 20 assets in the red, this decline signals a rough patch for the crypto market.
🔍 Winners & Losers in the Chaos
✅ Survivors: APT (-0.2%) and BCH (-0.7%) managed to keep losses minimal.
❌ Biggest Losers: LTC (-5.6%) and FIL (-5.5%) took heavy hits, leading the decline.
💡 What This Means for Crypto Investors
🔹 Market-wide pressure – The downturn shows uncertainty across major assets, making investors cautious.
🔹 Volatility at play – Sharp fluctuations remind us that crypto markets are highly unpredictable.
🔹 Strategic moves needed – As markets shift, traders must watch trends closely and position themselves wisely.
The #CoinDesk 20 Index is a key market indicator, giving insights into global crypto trends. With investors on high alert, the next moves in the market could be critical. Will this dip be a buying opportunity, or is more turbulence ahead? 🚀
$BTC
#BMTOnBinance #BinanceAlpha2.0 #crypto
The #CoinDesk 20 Index is feeling the heat, dropping 3.3% to 2571.75, shedding 88.79 points since Monday afternoon. With all 20 assets in the red, this decline signals a rough patch for the crypto market.
🔍 Winners & Losers in the Chaos
✅ Survivors: APT (-0.2%) and BCH (-0.7%) managed to keep losses minimal.
❌ Biggest Losers: LTC (-5.6%) and FIL (-5.5%) took heavy hits, leading the decline.
💡 What This Means for Crypto Investors
🔹 Market-wide pressure – The downturn shows uncertainty across major assets, making investors cautious.
🔹 Volatility at play – Sharp fluctuations remind us that crypto markets are highly unpredictable.
🔹 Strategic moves needed – As markets shift, traders must watch trends closely and position themselves wisely.
The #CoinDesk 20 Index is a key market indicator, giving insights into global crypto trends. With investors on high alert, the next moves in the market could be critical. Will this dip be a buying opportunity, or is more turbulence ahead? 🚀
$BTC
#BMTOnBinance #BinanceAlpha2.0 #crypto
👉👉👉 #coindesk ’s New Owner #bullish Replaces CEO in Restructuring
Amid a significant restructuring led by the crypto exchange Bullish, CoinDesk's longstanding CEO Kevin Worth has stepped down from his position. In his place, Sara Stratoberdha, who previously spearheaded business development for Bullish, has been appointed to lead CoinDesk.
Despite the change in leadership, CoinDesk will continue to operate as an independent subsidiary of Bullish, with Sara committed to upholding CoinDesk's journalistic independence and integrity, according to a spokesperson for CoinDesk.
The restructuring, which comes two months after Bullish acquired CoinDesk from its former owner Digital Currency Group, has resulted in several leadership changes within CoinDesk. Departures include Chief Operating Officer Elinor Hirschhorn, Vice President of Engineering John DeGuenther, and Executive Director of Global Strategy Emily Parker. Meanwhile, Chief Content Officer Michael Casey is in discussions with Bullish regarding a potential continued role with CoinDesk in a different capacity.
Employees of both CoinDesk and Bullish were informed of these changes through a memo issued by Bullish CEO Tom Farley. Farley stated that the restructuring aims to streamline CoinDesk's media, indices, and events businesses by implementing a flatter organizational structure. As part of the restructuring, certain CoinDesk functions, such as Human Resources, will now report to their counterparts at Bullish. Additionally, CoinDesk's tech and product teams will be integrated with Bullish.
In a statement shared with CoinDesk, Farley expressed gratitude towards Kevin Worth and the leadership team for their contributions to CoinDesk's evolution and successful integration with Bullish. He also expressed excitement about the opportunity for Sara and the CoinDesk leadership team to invest in and expand CoinDesk's media, events, and indices.
Source - coindesk.com
#CryptoNews #BinanceSquare
Amid a significant restructuring led by the crypto exchange Bullish, CoinDesk's longstanding CEO Kevin Worth has stepped down from his position. In his place, Sara Stratoberdha, who previously spearheaded business development for Bullish, has been appointed to lead CoinDesk.
Despite the change in leadership, CoinDesk will continue to operate as an independent subsidiary of Bullish, with Sara committed to upholding CoinDesk's journalistic independence and integrity, according to a spokesperson for CoinDesk.
The restructuring, which comes two months after Bullish acquired CoinDesk from its former owner Digital Currency Group, has resulted in several leadership changes within CoinDesk. Departures include Chief Operating Officer Elinor Hirschhorn, Vice President of Engineering John DeGuenther, and Executive Director of Global Strategy Emily Parker. Meanwhile, Chief Content Officer Michael Casey is in discussions with Bullish regarding a potential continued role with CoinDesk in a different capacity.
Employees of both CoinDesk and Bullish were informed of these changes through a memo issued by Bullish CEO Tom Farley. Farley stated that the restructuring aims to streamline CoinDesk's media, indices, and events businesses by implementing a flatter organizational structure. As part of the restructuring, certain CoinDesk functions, such as Human Resources, will now report to their counterparts at Bullish. Additionally, CoinDesk's tech and product teams will be integrated with Bullish.
In a statement shared with CoinDesk, Farley expressed gratitude towards Kevin Worth and the leadership team for their contributions to CoinDesk's evolution and successful integration with Bullish. He also expressed excitement about the opportunity for Sara and the CoinDesk leadership team to invest in and expand CoinDesk's media, events, and indices.
Source - coindesk.com
#CryptoNews #BinanceSquare
#BTC #CoinDesk #NewsAboutCrypto $BTC options skew shows put bias across all time frames, as traders continue to chase downside protection after the dovish Fed rate cut, @DeribitOfficial's Luuk Strijers told
Cardano ADA Drops 8%: Waiting for the "Trump Boost" for Bitcoin to Grow
The cryptocurrency market is having a volatile week as Bitcoin (BTC) continues to weaken, dragging major altcoins such as Cardano ($ADA ), Solana ($SOL ), Binance Coin (BNB), and Ethereum ($ETH ) down in price. Investors are now focusing on US economic data and the inauguration of President Donald Trump, which are expected to have a major impact on the market.
Cardano Leads the Downtrend
Cardano Leads the Downtrend
🟢 Former Grayscale ETF Chief David LaValle to Lead CoinDesk Indices in Institutional Push
🔗 What’s Happening:
David LaValle, ETF veteran and ex-Grayscale executive, has been appointed President of CoinDesk Indices, which tracks over $40B in benchmarked assets.
📊 Analysis:
LaValle’s experience in ETF structuring and scaling institutional products could boost CoinDesk Indices’ credibility among asset managers.
With growing demand for crypto benchmarks in ETFs, mutual funds, and structured products, this move signals CoinDesk’s bid to become a core data provider for Wall Street.
Institutional adoption often hinges on trusted indices and transparent benchmarks, making leadership experience crucial.
💬 Expert Take: Analysts suggest LaValle’s appointment positions CoinDesk Indices to expand its role in regulated investment products, further blurring the line between crypto and traditional finance.
#CoinDesk #ETFs #InstitutionalCrypto #Grayscale #CryptoNews
🔗 What’s Happening:
David LaValle, ETF veteran and ex-Grayscale executive, has been appointed President of CoinDesk Indices, which tracks over $40B in benchmarked assets.
📊 Analysis:
LaValle’s experience in ETF structuring and scaling institutional products could boost CoinDesk Indices’ credibility among asset managers.
With growing demand for crypto benchmarks in ETFs, mutual funds, and structured products, this move signals CoinDesk’s bid to become a core data provider for Wall Street.
Institutional adoption often hinges on trusted indices and transparent benchmarks, making leadership experience crucial.
💬 Expert Take: Analysts suggest LaValle’s appointment positions CoinDesk Indices to expand its role in regulated investment products, further blurring the line between crypto and traditional finance.
#CoinDesk #ETFs #InstitutionalCrypto #Grayscale #CryptoNews
European Stocks Open Higher Stagflation Fears May Be Overstated European equities opened in posit
$XRP
European Stocks Open Higher
Stagflation Fears May Be Overstated
European equities opened in positive territory as investors weighed renewed concerns about stagflation. Recent BLS revisions and anticipation of U.S. CPI data—expected to show inflation stuck near 3%, still above the Fed’s 2% target—have fueled talk of stagflation, a mix of high inflation, weak growth, and elevated unemployment. This scenario is widely viewed as the worst outcome for risk assets, including bitcoin.
Marc Chandler, Managing Partner and Chief Market Strategist at Bannockburn Global Forex, argued such fears are exaggerated.
> “The Atlanta Fed tracker still shows GDP well above the Fed’s trend estimate, its non-inflationary pace. Yes, inflation is elevated, and it may rise further with August’s CPI print. But Fed officials, like Waller and Bowman, want to look through tariff-related increases,” Chandler told C#coindesk .
He added that the Fed is likely to resume its easing path next week.
According to the CME FedWatch tool, traders see a 91% probability of a 25 basis point rate cut to 4% at the September 17 meeting, with some anticipating a deeper 50-basis-point cut.
Spotlight on U.S. CPI
Investor focus now shifts to U.S. inflation data. A softer-than-expected PPI on Wednesday or CPI on Thursday could strengthen easing expectations, boosting risk assets in the short term. However, heightened optimism may also leave markets vulnerable to disappointment if inflation proves sticky.
$ETH
European Stocks Open Higher
Stagflation Fears May Be Overstated
European equities opened in positive territory as investors weighed renewed concerns about stagflation. Recent BLS revisions and anticipation of U.S. CPI data—expected to show inflation stuck near 3%, still above the Fed’s 2% target—have fueled talk of stagflation, a mix of high inflation, weak growth, and elevated unemployment. This scenario is widely viewed as the worst outcome for risk assets, including bitcoin.
Marc Chandler, Managing Partner and Chief Market Strategist at Bannockburn Global Forex, argued such fears are exaggerated.
> “The Atlanta Fed tracker still shows GDP well above the Fed’s trend estimate, its non-inflationary pace. Yes, inflation is elevated, and it may rise further with August’s CPI print. But Fed officials, like Waller and Bowman, want to look through tariff-related increases,” Chandler told C#coindesk .
He added that the Fed is likely to resume its easing path next week.
According to the CME FedWatch tool, traders see a 91% probability of a 25 basis point rate cut to 4% at the September 17 meeting, with some anticipating a deeper 50-basis-point cut.
Spotlight on U.S. CPI
Investor focus now shifts to U.S. inflation data. A softer-than-expected PPI on Wednesday or CPI on Thursday could strengthen easing expectations, boosting risk assets in the short term. However, heightened optimism may also leave markets vulnerable to disappointment if inflation proves sticky.
$ETH
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