“Bitcoin’s Tight Range Near $ 111k Reflects a Market Bracing for US CPI and The Fed’s September Meeting, with President Markings Pricing A Cut and Traders Watching Whatleel Volatility Returns.”, – WRITE: www.coindesk.com
BTC is Pinned Near $ 111,000 with Volatility Compressed to Multi-Month Lows, The Kind of Calm That Tends to Preced Decisive Moves. Traders Know What Could Break The Lull: September’s US Inflation Data and The Fed’s Rate Decision A Week Later.
Predict Markets Are Leaning Heavily Toward EASING. Polymarket Bettors Are Assigning An 82% Chance of A 25-Basis-Point Cut on Sept. 17, Leaving Only Slim Odds for a Defeper Move or No Change. Beyond that, October Expectations Are Fractured, With Nearly Even Probabilites for Another Cut or A Pause. That divergence explays who volatility, Thought absent now, is unlikely to stand that way.
(Polymarket)
“Markets of Fethen Look Calm Just Before They Move. Bitcoin Is Trading in One of Its Tightest Ranges in MONTHS, AND VALATITY ACROSS “WITH US INFLATION DATA LIKE CORE CPI OUT on Sept. 11 And the Fed’s Much-Anticipated Rate Decision Just Ahead, This Quiet Period is Setting The Stage for the Next Decisive. Surprise or a dovish signal from the fed, what’s Clear is that absent of volatility is rarely permanent in Digital Assets;
If a Cut Pulls Money-Market Returns Lower, The Opportunity Cost of Sitting in Cash Rises, Which Is The Pivot Market Maker Enflux Says Could Send Sands Town Crypto.
“The Real Debate Now IF Cuts Come, But Whather Liquidity Deployment Shifts Into BTC, ETH, AND EVEN Riskier Assets,“ The Firm Told Coindesk.
In Other Words, The Fed’s Cut May Grab Headlines, But The Real Trade Is Whather Sidelined Cash Rotates Into Digital Assets – A Shift that Could Could Fuel The Return of Valativity.
Market MovementBTC: Bitcoin Has Dipped Slightly Intrady, Trading Between Approximately $ 110.812 and $ 113.237, Reflection Short-Term Valativity Amid Shifting Investor Sentiation and Broad.
Eth: ETH IS MODESTLY UP INTRADAY, WITH A RANGE BETWEEN ROUGHLY $ 4,279 AND $ 4,379, SIGNING STEADY DEMAND AND SOME RENEWED INVESTOR INTESTEST. Range, However, is Limited with Modes Etf Flows and Traders Awaiting the Fed’s Next Move.
GOLD: Gold is Rallying to Record Highs, Fueled by Mounting Expectations of US Federal Reserve Interest Rate Cuts, A Weakening Us Dollar, and Renewed Safe-HAVEN DEMAND.
Nikkei 225: Asia-Pacific Stocks Opened Mostly Higher Wednesday, With Japan’s Nikkei 225 Up 0.2%, As Investors Awaited China’s August Inflation Data Showing An Expected 0.2
S&P 500: US Stocks Closed at Record Highs Tuesday, with The S&P 500 Up 0.27% to 6.512.61, As Investors Looked Past A Record Payroll Revision that Cut 911.000 Jobs From Prior Figures.
Elsewhere in Crypto
- Opensea Teases Sea Token with Final Phase of Rewards Amid App Launch (Coindesk)
- California Man SentenCed in $ 36.9m Crypto Scam Tied to Infamous Huione Group (Coindesk)
- Collector Crypt Drives $ 150 Million in Randomized Pokémon Card Trades As Cards Token Soars (The Block)
Tuesday’s Filings Folings Paperwork on Monday to Convert the GrayScale Chainlink Trust Into An Exchange-Traded Fund.
- Grayscale Has Filed An S-1 for a Litecoin Etf and S-3s for Bitcoin Cash and Hedora Etfs.
- The Latest Filings Add to a Wave of Crypto etf Applications Awaiting Sec Review.
- SEC Chair Paul Atkins have yet to act on Crypto etf Proposals, Extending Delays.
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