Crypto Markets Stall as Traders Brace for Fed Rate Decision and US GDP Data

Crypto Markets Stall as Traders Brace for Fed Rate Decision and US GDP Data

Bitcoin Dips Below $100k After Missed $109k Resistance

In a dramatic turn of events, Bitcoin slipped under the $100,000 threshold today, unable to break past the critical $109,000–$109,500 resistance band. Investors’ nerves tightened when a new AI model from China was unveiled, triggering a wave of risk‑averse sentiment across the market.

Altcoins Suffer Parallel Declines

  • Dogecoin (DOGE) bottomed out
  • XRP, ADA, and SOL are all “just a bit” lower than last week

Altcoin losses are piling up, leaving the crypto playground a little “boom”‑zone and prompting over $600 million worth of liquidations. Somebody should’ve warned us!

Institutional Support Still Defends the Bored Bull

Despite the turbulence, the institutional crowd keeps arriving:

  • Bitcoin ETFs are pulling in hefty inflows, especially since the whirling‑wheel of Trump’s inauguration.
  • MicroStrategy continues to accumulate BTC, proving confidence in its long‑term upside.

So, even though the market vibes feel bearish, institutional trust remains the silver lining that keeps the sentiment fairly hopeful.

What’s Next? Volatility on the Horizon

We anticipate volatility to stay high as:

  • The Federal Reserve’s rate decision looms.
  • Upcoming U.S. GDP reports weigh on both Bitcoin and the overall crypto scene.

Ethereum’s Rough Ride But Still Growing

Ethereum (ETH) feels the same negative headwinds but peers note an increase in institutional intrigue. Ethereum ETFs have amassed a whopping $5 billion in inflows since November, thanks to its scalability plus a growing presence in decentralized finance and real‑world asset tokenization.

Want the Latest Buzz?

Keep all updates on your phone. Subscribe now to get real‑time alerts from this topic.