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Ethereum at a Crossroads: Funding Rates and the $3000 Support Crucial for Maintaining Bullish MomentumDespite the overall bullish sentiment in the recent cryptocurrency market, Ethereum has struggled to break through resistance levels and achieve significant gains. A recent analysis by ShayanBTC, a writer for the CryptoQuant QuickTake platform, delves into the key factors influencing Ethereum's price performance, highlighting funding rates and the $3000 support level as crucial for its future trajectory

Bitcoin Falls out of Top 10 Global Asset Market Cap, Brazil's Central Bank Accelerates Digital Asset Regulation

Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish SentimentAn analyst says the weighted perpetual futures funding rate for Bitcoin open interest (OI) has reached its highest level in months, suggesting potential bullish sentiment for the short-to-medium term. The current weighted funding rate for OI is at 0

Why Did the Crypto Market Only Shiver" for a Moment After the Fed Cut Rates?Coin King: Hello everyone in the crypto community! I'm Coin King from Coin Victory Team, and I'm happy to see you all here watching my articles and videos. Recently, many friends have asked me why the crypto market only had a minor fluctuation after the Fed cut rates, while the stock market is flourishing

Bitcoin defies seasonality, poised for biggest September surge in years as Fed cuts ratesAccording to intel gathered by Zhitong Finance, Bitcoin is on track for one of its biggest September gains in recent years. The global wave of interest rate cuts, spearheaded by the Federal Reserve, has helped the largest digital asset weather the seasonal headwinds

Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in ResponseOn September 18, Federal Reserve Chair Jerome Powell addressed reporters in Washington. The Fed announced a 50 basis point reduction in its benchmark interest rate range, bringing it to 4

Bitcoin Shows Signs of Recovery, Cryptocurrency Market Demonstrates StrengthAccording to BlockBeats, September 3rd, crypto market analytics firm Santiment stated that Bitcoin exhibited signs of recovery as the S&P 500 index was paused due to the Labor Day holiday in the US. Santiment noted that Bitcoin's growth, independent of stock market trends, indicates a strong inherent strength within the cryptocurrency industry

Bitcoin Ranks Sixth in Global Currency Assets, Grayscale Launches MKR Trust, Fed May Cut Rates from SeptemberBitcoin currently holds the sixth position in global currency assets, with a total market capitalization of $1.19 trillion

Over the weekend, over 700000 new Bitcoin addresses were generated, indicating strong investor confidence in the asset.Bitcoin (BTC) remained relatively calm last week, consolidating around $35000, with counterfeit currency leading the cryptocurrency market up over the weekend

The annualized financing interest rate in the Bitcoin market continues to rise, with a surge in open positions and a growing interest in Bitcoin Whales, indicating that traders' behavior is constantly changing.The annualized financing interest rate of Bitcoin has reached a two-month high, affecting trading activity and volatility

The co founders of BitMEX recently stated that if the central bank continues to raise interest rates, the price of Bitcoin ($BTC) may soar.In the latest blog article, Hayes challenged the traditional view of linking Bitcoin prices to interest rates, pointing out that the economic models adopted by central banks and governments are no longer applicable to the current new environment

Although the Consumer price index (CPI) data of the United States in June hit the lowest level in nearly two years. But analysts expect the Federal Reserve's FOMC meeting this week to likely raise interest rates by another one yard