Crypto Markets Dey Rally Ontop Fed Rate-Cut Hopes Plus ETH ETF Money We Dey Flow In
Crypto market dem don surge dis week as people dey expect Federal Reserve go cut interest rate and ETH ETF dem dey get record inflow. U.S. Treasury Secretary Scott Bessent talk say make dem cut the rate by 50 basis point for September, plus President Trump tell dem make dem look crypto for retirement account, all these don ginger risk appetite. Ethereum jump almost 30% to trade around $4,635, backed by almost $2 billion quarterly ETF inflow. Bitcoin still steady close to $119,000, plus Solana (SOL), BNB and other altcoins also dey gain. Analysts talk say crypto markets still dey sensitive to macro and regulatory changes; ETF demand plus rate-cut bets go still drive price changes.
Bullish
Di news tok say market go strong. History dey show say wen Federal Reserve plan cut rate, e dey make risk asset rise, plus near $2 billion wey dem dey put inside Ethereum ETFs show say plenty big company dey interested. Low implied volatility for Bitcoin mean say e get stable support for current level, but short term volatility for Ethereum dey rise show say traders dey expect more gains. Similar soft Fed signals for middle 2020 come before big crypto rally, and Trump IRA plan for crypto fit create steady demand. For short time, traders fit aim Bitcoin break above $122,000 and push Ethereum go reach $4,800 high. For long term, continuous ETF money and regulatory progress fit support more growth.