The main question investors are asking themselves is whether the crypto market cycle has reached its peaked.
Raising the question of whether to sell assets now and buy back at lower prices later, or to view current dips as buying opportunities.
Analyst Satoshi Stacker highlights that the Federal Reserve’s potential rate cuts are a key factor affecting both crypto and traditional markets.
Although FED officials have stated decisions will depend on upcoming data, recent positive comments following disinflation data from May and June hint at possible rate cuts.
Another bullish factor, according to Stacker, is the expected $16 billion payout to FTX creditors this year, which could significantly boost the crypto market if even a portion is reinvested.
Historical trends also show that Q4 often delivers strong returns for Bitcoin, and the upcoming U.S. election might influence market behavior, typically causing a dip before the election and a rally afterward.
Recent activity saw Bitcoin rise slightly to liquidate positions, with notable liquidity levels just below $57K and around $60K.
Bitcoin mining has undergone a notable shift over the past decade, moving away from hydrocarbon fuels and adopting more sustainable energy practices.
In a recent live address, U.S. President Donald Trump declared that a new base tariff of 10% would be applied universally to all countries.
Binance, one of the largest cryptocurrency exchanges globally, is enchancing its Spot trading platform by introducing new trading pairs and Trading Bot services.
The crypto market constantly sees new assets emerge, but not all make a lasting impact. Some coins slowly gain value, while others quickly lose momentum.