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Fed's FedSpeak: The overall sentiment of the July meeting committee was tilted towards the hawkish side, with more officials showing openness to a rate cut in September
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Fed Taper Talk: Some Officials Suggest They May Join Rate-Cutting Camp in September
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Analysis: Downward Revision of Non-Farm Payrolls Data May Exacerbate Fed Officials' Concerns About Economic Slowdown
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⚡️ NEW: The Wyoming Stable Token Commission’s $FRNT — the first stablecoin issued by a U.S. State — is coming to Solana!
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BTC Retail Sentiment Flips Ultra Bearish at $113K Retail traders turned extremely bearish after BTC failed to recover from a dip below $113,000, marking the most negative social sentiment since June, according to Santiment analytics. The decline represents BTC’s lowest level since Aug. 3. Social media sentiment reached "ultra bearish" levels last seen during Middle East conflict fears in June. BTC retreated 8.5% from its all-time high above $124,000, pushing total crypto market capitalization below $4 trillion for the first time in two weeks. The BTC Fear & Greed Index dropped to 45, almost entering "Fear" territory at its lowest reading since late June. Santiment analysts view the panic selling as a positive signal for potential dip buyers when "blood is in the streets." Historical patterns suggest similar corrections occurred in previous bull cycles. In 2017, BTC corrected 36% before surging to new peaks three months later, while a 23% pullback in September 2021 preceded that year's all-time high. If patterns repeat, BTC could test $90,000 before recovering.
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