Last week, digital asset investment products recorded net inflows of $321 million for the second consecutive week, largely influenced by the Fed’s rate cuts. As Q4 approaches, the crypto landscape is poised for significant change, with $TAO capturing community interest.
Bitcoin surged to $62,600 after the Federal Reserve announced a 0.5% rate cut, marking the third such event in history. Short positions across exchanges were liquidated, with $128M in total losses.
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Bitcoin dominance is rising, reaching near 62%, signaling altcoin underperformance for now. Look for altcoins outperforming BTC on key EMAs, such as SUI and FTM, which continue to show strength.
In the wild world of meme coins, one Bitsgap trader turned chaos into cash, scoring a jaw-dropping 40% profit by shorting $WIF. This isn't just luck – it's the power of smart strategy and Bitsgap's DCA Futures Bot in action.
MicroStrategy plans to boost BTC holdings with a $700M bond, Trump family launches $WLFI token, and DBS Bank announces BTC & ETH options trading.
Remember the NFT craze? It's not over yet.
The crypto market saw $436M inflows last week, signaling renewed investor interest. NEIRO’s market cap surged 10x, and upcoming Binance listings could trigger more volatility and trading opportunities.
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