Tag: FOMC

The total crypto market cap rose 0.69% on Monday, with Bitcoin ETFs seeing net inflows for four consecutive weeks and funds rotating from US stocks to crypto assets boosting sentiment. Bitcoin was reported at $79,242.

As Powell's final FOMC meeting approaches, Bitcoin's technical target points to $86,852.

BroadChain learned that at 05:16 on April 20, according to CryptoNews, XRP strongly broke through the $1.40 range this week, recording the strongest weekly gain among major cryptocurrencies, with the market still holding bullish expectations for its performance next week. The token climbed to $1.45 at one point this week before encountering resistance and pulling back. Its upward movement showed a controlled, steady climb, suggesting accumulation of funds, but trading volume was about 70% of the weekly average, limiting the certainty of the rise. XRP outperformed Bitcoin and Ethereum over seven days, and its relative strength is meaningful, but volume support remains to be seen. Macro headwinds persist, with the FOMC meeting on April 28-29 approaching, and on Deribit, the price

BroadChain learned that, at 21:30 on April 17, according to TechFlow, Bitcoin rose approximately 6% this week, briefly hitting $76,300—the highest level in nearly two months—yet the Crypto Fear & Greed Index remains at 21 (Extreme Fear). Analysts from multiple institutions noted that this rally is 'liquidity-driven' rather than signaling a structural bullish shift. Glassnode analysis indicated that while spot demand and ETF inflows have improved, the recovery lacks depth; institutional participation remains cautious, and options markets still favor downside protection. Bitfinex attributed this rally primarily to concentrated buying by Strategy (which purchased 13,927 BTC last week), rather than organic demand.