The Surge Explained: Market Anticipates Fed Policy Shift

Yesterday's modest surge and Bitcoin’s current upward climb are being closely watched by crypto enthusiasts worldwide. A significant driving factor behind this price action is the growing market consensus that the US Federal Reserve may cut interest rates at its upcoming meeting. This expectation has rallied risk assets, including crypto, creating a wave of optimism among traders.

Weak Supply and 30-Day Momentum: What’s Behind the Numbers?

Despite the impressive number, analysis over the last 30 days shows that Bitcoin's momentum might be more superficial than it appears. Traders are noting that while the price is climbing, there is a lack of substantial demand beneath this surge. The term "weak supply" indicates that the number of Bitcoins available for trading remains low, which, when combined with a fragile demand base, may not sustain long-term bullishness.

Global Crypto News: The Wider Impact and Trading Trends

Across different regions, global crypto news outlets are reporting similar trends. With interest in decentralized finance (DeFi) and Web3 projects soaring, Bitcoin continues to serve as a gateway asset for both new and experienced investors. However, the overall volatility and underlying structural challenges remind us that savvy traders must remain cautious.

Actionable Steps for Crypto Enthusiasts

If you’re active in the crypto space, consider the following:

• Monitor central bank announcements closely to gauge potential market impacts.


• Analyze the trading volumes and supply metrics to understand the sustainability of the current rally.


• Maintain a diversified portfolio, balancing between leading assets like Bitcoin and innovative DeFi or Web3 projects.


• Keep abreast of global risk trends and market shifts to ensure you’re prepared for both bullish and bearish phases.

Staying informed and adaptable is key to navigating this ever-evolving market landscape.