🚨 $BTC
Cryptocurrencies remain stable as BTC reaches a key fib level, traders see space for $100,000 but little beyond.
Traders have quickly re-priced the macro backdrop, as the probability of a 25 basis point cut at the next FOMC meeting has increased from 39% to nearly 87% in a matter of days. Bitcoin remains stable above $91,000, with potential movement towards $100,000 if current levels are maintained.
Tether faces scrutiny after S&P Global Ratings downgraded the USDT rating, citing exposure to riskier assets.
Altcoins show mixed performance, with some gains and losses among major cryptocurrencies.
BTC
90,617.77
-0.87%