Stellar Lumen (XLM) Price Prediction for March 19

XLM Price Breakout, Traders' Eyes on 60% Rally

The post Stellar Lumen (XLM) Price Prediction for March 19 appeared first on Coinpedia Fintech News

Ripple rival Stellar Lumen (XLM) is poised for massive upside momentum as it has formed a bullish price action pattern on the daily timeframe and is now garnering significant attention from traders and investors. On March 19, 2025, as sentiment across the crypto landscape shifts, XLM breached the resistance of the 200 Exponential Moving Average (EMA) on the daily timeframe. 

Why is XLM Price RIsing?

This breakout of the resistance level and the shift in sentiment began after the United States Securities and Exchange Commission (SEC) dropped its lawsuit against Ripple Labs.

XLM is currently trading near $0.29 and has surged over 11% in the past 24 hours. This price jump suggests that it is mirroring its rival’s upside momentum. Meanwhile, its trading volume has increased by 135% during the same period, indicating heightened participation from traders and investors following the end of the legal battle.

XLM Price Analysis and Upcoming Levels 

Since November 2024, XLM has been on a downward trajectory, forming a falling wedge price action pattern on the daily timeframe. However, with the recent price jump, the asset is approaching the breakout area.

Based on its recent price action and historical patterns, if XLM closes a daily candle above the $0.29 level, there is a strong possibility it could initially soar by 30% to reach $0.37 in the coming days. Furthermore, if XLM sustains this rally and closes a daily candle above $0.35, it could witness another 40% surge, reaching $0.488.

Source: Trading View

XLM’s Over-Leveraged Levels 

With this positive development and bullish price action, traders have begun betting on the long side, as reported by the on-chain analytics firm Coinglass.

Data reveals that traders are currently over-leveraged at $0.2725 on the lower side, with bulls having built $5 million worth of long positions, while $0.3025 is another over-leveraged level where bears hold $2.20 million worth of short positions.

When combining this on-chain metric with technical analysis, it appears that bulls are back and will support the asset in reclaiming its all-time high in the coming days.

The post Stellar Lumen (XLM) Price Prediction for March 19 appeared first on Coinpedia Fintech News
Ripple rival Stellar Lumen (XLM) is poised for massive upside momentum as it has formed a bullish price action pattern on the daily timeframe and is now garnering significant attention from traders and investors. On March 19, 2025, as sentiment across the crypto landscape shifts, XLM breached the resistance of the 200 Exponential Moving Average …

Fed Announces No Rate Cut at March FOMC Meeting: How Will Crypto Market React?

The post Fed Announces No Rate Cut at March FOMC Meeting: How Will Crypto Market React? appeared first on Coinpedia Fintech News

After concluding Federal Open Market Committee (FOMC) meeting, the US Federal Reserve has released its second policy decision for 2025. The recent press release reveals that the Federal Open Market Committee has chosen to keep interest rates steady, maintaining them in the range of 4.25% to 4.5%. This decision comes after the committee opted to reduce rates three times in succession last year.

Fed Sees Two Cuts This Year

At the conclusion of the second of the Federal Open Market Committee’s eight scheduled meetings for 2025, which wrapped up on Wednesday, the panel decided to maintain the federal funds rate at the existing target range of 4.25% to 4.5%.

In addition to their decision, Federal Reserve officials have revised their interest rate and economic forecasts through to 2027 and adjusted the speed at which they are scaling back bond holdings.

Despite uncertainties emerging from President Donald Trump’s tariffs and an aggressive fiscal policy that includes tax cuts and deregulation, the officials anticipate a further reduction in rates by half a percentage point through 2025. The Fed typically adjusts rates in quarter percentage point steps, suggesting two potential rate cuts this year.

The FOMC’s post-meeting statement highlighted an increased level of uncertainty in the current economic environment.

Jerome Powell acknowledged that recent inflation data indicate considerable progress towards stabilization, yet he highlighted that the central bank’s efforts are ongoing. He stated that interest rates would remain restrictive to counter rising inflation, which is still somewhat elevated.

The press release highlighted that recent indicators point to a robust expansion of the economy. It noted that the unemployment rate has remained low and stable in recent months, and conditions in the labor market continue to be strong.

Following the announcement, the price of BTC experienced a sharp increase, now hovering around the $85K mark. It has recorded a gain of over 4.4% in the last 24 hours.

Overall Crypto Market Remains Stable

Cryptocurrency markets experienced minimal turbulence, largely because investors had already priced in the Fed’s decision to leave interest rates untouched.

This decision from the Federal Reserve comes amid economic uncertainties fueled by trade tensions early into President Donald Trump’s second term. Trump’s aggressive imposition of tariffs on steel, aluminum, and numerous other imports, has contributed significantly to volatility across global financial markets.

Alongside its latest rate announcement, the Fed also revised downward its expectations for economic expansion, signaling a more cautious outlook. Growth forecasts for this year were trimmed to 1.7%, marking a notable 0.4 percentage point drop compared to December’s projection.

In contrast, inflation expectations climbed slightly, with core inflation now anticipated to reach a 2.8% annualized rate—up 0.3 percentage point from prior estimates.

Interestingly, the Fed’s latest projections, shown in its “dot plot,” suggest a move toward tighter monetary policy compared to December. Previously, only one official expected rate to stay unchanged into 2025, but now four officials share that view, indicating a stronger preference for caution and possibly higher interest rates in the future.

The post Fed Announces No Rate Cut at March FOMC Meeting: How Will Crypto Market React? appeared first on Coinpedia Fintech News
After concluding Federal Open Market Committee (FOMC) meeting, the US Federal Reserve has released its second policy decision for 2025. The recent press release reveals that the Federal Open Market Committee has chosen to keep interest rates steady, maintaining them in the range of 4.25% to 4.5%. This decision comes after the committee opted to …

Breakout Alert! Bitcoin (BTC) Could Hit $92,600 If This Happens

The post Breakout Alert! Bitcoin (BTC) Could Hit $92,600 If This Happens appeared first on Coinpedia Fintech News

Today, March 20, 2025, Bitcoin (BTC), the world’s largest cryptocurrency, appears to be shifting from its prolonged consolidation to massive upside momentum. The Fed’s decision to hold interest rates steady during the March FOMC meeting has pushed BTC above a crucial level.

Bitcoin (BTC) Technical Analysis and Upcoming Levels

According to expert technical analysis, after the March FOMC, BTC breached its prolonged consolidation and the resistance it faced from the 200 Exponential Moving Average (EMA) on the daily timeframe.

Despite the breakout, it is not yet fully confirmed whether BTC will rally or continue its prolonged consolidation. Based on recent price action and historical patterns, if BTC closes a daily candle above the $85,800 mark, there is a strong possibility it could soar by 8% to reach $92,600 in the coming days.

Source: Trading View

This bullish thesis will remain valid only if BTC holds above the $85,600 mark; otherwise, it may fail.

Current Price Momentum 

At press time, Bitcoin is trading near $85,500, having surged over 4.50% in the past 24 hours. Meanwhile, its trading volume has jumped by 40% during the same period, indicating heightened participation from traders and investors compared to the previous day following bullish price action.

Major Liquidation Areas

After bullish price action and impressive upside momentum, traders seem optimistic about the asset, as reported by the on-chain analytics firm CoinGlass.

Source: Coinglass

Data revealed that traders are currently over-leveraged at $83,400, a level where they hold nearly $920 million worth of long positions. On the other hand, $86,300 is another over-leveraged level where traders betting on the short side have held $375 million worth of short positions.

When combining these on-chain metrics with technical analysis, it appears that bulls dominate and push BTC toward reclaiming the $90,000 mark.

The post Breakout Alert! Bitcoin (BTC) Could Hit $92,600 If This Happens appeared first on Coinpedia Fintech News
Today, March 20, 2025, Bitcoin (BTC), the world’s largest cryptocurrency, appears to be shifting from its prolonged consolidation to massive upside momentum. The Fed’s decision to hold interest rates steady during the March FOMC meeting has pushed BTC above a crucial level. Bitcoin (BTC) Technical Analysis and Upcoming Levels According to expert technical analysis, after …

Bitnomial To Launch First Regulated XRP Futures in the US, Boosting ETF Odds

Bitnomial announced that it will launch an XRP futures contract tomorrow, the first in the US. The announcement comes after the SEC reportedly dropped its landmark lawsuit against Ripple today.

Bitnomial dropped its own suit against the Commission regarding the regulatory status of this offering. An XRP futures contract could help lay the critical groundwork for spot ETF approval.

XRP Futures Contract For US Institutional Traders

Since the SEC dropped its lawsuit against Ripple this morning, the price of XRP has responded very positively. This landmark case carried a lot of implications for the entire crypto industry, and naturally, it’ll have a knock-on effect on other topics.

Case in point, Bitnomial subsequently announced that it will launch an XRP futures contract tomorrow.

“Bitnomial is launching the first-ever CFTC-regulated XRP futures in the US — physically settled for real market impact. Plus, we’ve voluntarily dismissed our case against the SEC as regulatory clarity improves. Current clients have access to XRP futures on March 20, 2025. Prospective clients can onboard with one of our FCM partners,” the firm claimed.

XRP futures are standardized derivative contracts that allow traders to speculate on or hedge against future price movements of the altcoin with physical settlement. They promote market maturity by enhancing liquidity, improving price discovery, and providing a regulated avenue for risk management.

Bitnomial tried to launch an XRP futures contract in 2024, but the SEC blocked the effort. The Commission claimed that these futures contracts would qualify as securities, and Bitnomial sued it to defend its position.

Now, the firm is dropping its suit and will launch these contracts through Botanical, a CFTC-regulated exchange. No SEC involvement is required.

“Crypto derivatives exchange Bitnomial plans to drop its own lawsuit against Wall Street’s top cop after suing the agency in October over its claim that it had jurisdiction over Bitnomial’s planned XRP futures contract,” wrote Eleanor Terrett.

In other words, this looks like a huge win for the XRP community. The SEC has recently signaled that it might allow the CFTC to regulate more crypto products, and it seems like this is starting.

If the SEC continues passing crypto-related financial products to its sister Commission, it could be a very bullish trend.

Notably, the futures contract might also help XRP ETF approval odds. Recently, the SEC delayed several applications to create one, and its status is in limbo.

However, this would be the first XRP futures contract in the US after months of delays. Solana fans are hoping that its own futures contract will improve ETF chances, as it did with BTC and ETH.

Brad Garlinghouse, CEO of Ripple, recently spoke in an interview about the SEC case and a few other topics. He explicitly confirmed that Ripple could not overturn a previous ruling against the firm, as it tried to do. He said that Ripple may continue fighting for the right to sell XRP to institutional investors, but he isn’t certain.

Garlinghouse is certain, however, that an XRP ETF will happen soon. He didn’t comment on Bitnomial’s XRP futures contract, but he cited other factors.

“I have immense confidence on the ETF. I think there’s 11 different filings pending with the SEC to launch ETFs. I think those will be live in the second half of this year,” Garlinghouse claimed.

In other words, things are looking good for Ripple supporters overall. The SEC lawsuit is over, and Bitnomial’s new XRP futures contract might help lay the groundwork for an ETF.

The post Bitnomial To Launch First Regulated XRP Futures in the US, Boosting ETF Odds appeared first on BeInCrypto.

Bubblemaps (BMT) Faces Profit-Taking After 147% Rally From Binance Listing

Bubblemaps (BMT) recently saw a surge in price following the Binance Token Generation Event (TGE) and its subsequent listing. This rally sparked investor excitement, pushing the price to a new all-time high. 

However, the momentum was short-lived, as many investors quickly took profits, leading to a 17% decline.

Bubblemaps Notes Selling Pressure

The Chaikin Money Flow (CMF) indicator showed a downtick over the last day, reflecting rising outflows as investors sell off their holdings. This drop in the CMF suggests that the momentum from the initial rally is beginning to fade. 

With the indicator still struggling to move above the zero line, the lack of sustained inflows signals that the rally may lose steam in the coming days. Investors are likely cashing out after the initial excitement, which could keep BMT price from maintaining its upward trajectory.

The absence of fresh capital flowing into the asset further complicates any potential recovery. 

BMT CMF
BMT CMF. Source: TradingView

The Moving Average Convergence Divergence (MACD) indicator also points to weakening momentum. After showing positive signals earlier in the rally, the MACD has shifted towards a bearish crossover, suggesting a shift from positive to negative momentum.

The initial bullish trend appears to be losing strength, and the price could follow suit in the near term.

The MACD’s shift to bearish territory confirms that the market sentiment around Bubblemaps is starting to sour. The change in momentum is often an early sign of further declines, and this could lead to more selling as traders react to the negative signals.

BMT MACD
BMT MACD. Source: TradingView

BMT Price Aims For A New High

Bubblemaps has seen a significant 147% price increase over the past 48 hours. However, after the recent 17% drop, the price is now trading at $0.226. Given the current market conditions, BMT could experience further declines, potentially falling to $0.194 or even as low as $0.119 if investor sentiment continues to drop.

Should the outflows continue, Bubblemaps could struggle to recover. The lack of strong inflows and the shift in momentum from bullish to bearish will likely limit any upside.

A drop below $0.194 would solidify a bearish outlook, and the altcoin may need more substantial market support to avoid further losses.

BMT Price Analysis.
BMT Price Analysis. Source: TradingView

However, if inflows pick up and buying pressure strengthens, there is potential for a price rebound. A breach of the $0.274 resistance level could pave the way for a new all-time high above $0.325, invalidating the current bearish trend and signaling renewed investor confidence.

The post Bubblemaps (BMT) Faces Profit-Taking After 147% Rally From Binance Listing appeared first on BeInCrypto.

FOMC Rejects Further Interest Rate Cuts, Disappointing Crypto Market

The FOMC concluded its latest meeting by announcing that it will not cut US interest rates. This decision was largely priced in, and the crypto market hasn’t seriously suffered.

Rate cuts would’ve provided a bullish narrative to juice fresh investment, which the market desperately needs. Bearish signals are growing alongside fears of a US recession.

Federal Reserve Says No to Rate Cuts

The Federal Reserve just finished its Federal Open Market Committee (FOMC), which determines much of US financial policy. The crypto industry was waiting with bated breath to see if the FOMC would decide to cut interest rates.

However, the FOMC made its report to the public and claimed that no rate cuts would be taking place.

“The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty around the economic outlook has increased. The Committee is attentive to the risks to both sides of its dual mandate. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4.25% to 4.5%,” it said. 

This news more or less fits with the industry’s expectations. Fed Chair Jerome Powell already clearly stated that the FOMC doesn’t plan to cut interest rates.

The industry hoped that rate cuts could provide a bullish narrative, especially while the markets are afraid. For now, it seems like it’ll need to find an optimistic signal somewhere else.

Despite uncertainty from tariffs and bold fiscal policies, officials expect interest rates to drop by another half percentage point by 2025. Since the Fed typically adjusts rates in 0.25% steps, that means we’re likely to see two cuts this year.

Federal Reserves Still Project Two Rate Cuts in 2025
Federal Reserves Still Project Two Rate Cuts This Year. Source: CNBC

Rate cuts would be bullish for investors, especially for risk-on assets like cryptoassets. However, this isn’t the Federal Reserve’s only concern. The FOMC alluded to its “dual mandate” when denying rate cuts. In other words, it needs to juggle investor concerns with consumer inflation fears, uncertainty around Trump’s tariffs, and a possible US recession.

If the FOMC were to slash interest rates, it would likely boost US inflation. The most recent CPI report was better than expected, and some in the industry hoped that this would build confidence. Ultimately, the main hopes rested with President Trump, who personally advocated for rate cuts. However, he didn’t make a major intervention.

It’s not all bad, though. The FOMC also announced would slow Quantitative tightening (QT) by reducing the monthly redemption cap on Treasury securities from $25 billion to $5 billion.

Some members of the community were pleased by this news, as slower QT can increase market liquidity. This announcement is at least some consolation for investors.

In any event, this lack of rate cuts was expected and priced in. The FOMC didn’t shock anybody by refusing to cut interest rates, and the market hasn’t been chaotic. A few of the top-performing cryptoassets suffered minor losses, but no substantial drops have materialized.

Crypto Reacts to FOMC Decision
Crypto Reacts to FOMC Decision. Source: BeInCrypto

The crypto industry has been desperate for a bullish narrative, and some major players are visibly cracking at the seams.

The FOMC, however, did not provide this narrative via rate cuts. Hopefully, crypto will find something else to be optimistic about before a full-blown market correction takes hold.

The post FOMC Rejects Further Interest Rate Cuts, Disappointing Crypto Market appeared first on BeInCrypto.

Cardano’s Supply Tightens as Whales Buy 190 Million ADA in 24 Hours – What Next?

Cardano has noted significant whale activity over the past 24 hours, aligning with the broader market recovery. During that period, the total crypto market capitalization has added another $50 billion, signaling renewed bullish momentum.

As bullish pressure strengthens, ADA appears poised to re-commence an upward trend.

Cardano Sees Heavy Whale Accumulation

On-chain data shows that Cardano whales, holding between 100 million and 1 billion coins, have acquired 190 million ADA in the past 24 hours. This cohort of large ADA investors currently holds 3.22 billion coins. 

ADA Supply Distribution
ADA Supply Distribution. Source: Santiment

When whales increase their coin holdings, it signals strong confidence in the asset’s future price potential.

Large-scale accumulation like this would reduce ADA’s available supply in the market, which can drive up its price if demand remains steady. The trend indicates a bullish outlook, as whales typically buy in anticipation of higher prices.

ADA’s Network Realized Profit/Loss (NPL) further supports this bullish outlook. At press time, it stands at -15.87 million. 

ADA NPL.
ADA NPL. Source: Santiment

This metric measures the net profit or loss of all coins moved on the blockchain depending on their acquisition cost. When an asset’s NPL is negative, many investors are holding at a loss. 

This situation is known to reduce the selling pressure in the market, as traders may choose to hold their assets instead of realizing losses, which could support a potential price rebound. 

The steady dip in ADA’s NPL indicates that many holders are sitting on unrealized losses. To avoid selling at a loss, they may choose to hold onto their investments, reducing selling pressure. The increased holding time could, in turn, drive up ADA’s price as supply tightens in the market.

ADA’s Buying Pressure Increases—Will It Fuel a Price Breakout?

At press time, ADA trades at $0.72. On the daily chart, the coin’s Chaikin Money Flow (CMF) is in an uptrend and poised to cross above the zero line, highlighting the rise in buying pressure.

The indicator measures fund flows into and out of an asset. When it attempts to break above the zero line, it signals a potential shift from selling pressure to buying pressure. 

If the breakout is sustained, it would confirm strengthening bullish momentum in the ADA market and hint at a potential price uptrend. In this case, the coin’s price could rally toward $0.82.

ADA Price Analysis.
ADA Price Analysis. Source: TradingView

However, if selloffs intensify, this bullish projection will be invalidated. In that scenario, ADA’s price could fall to $0.60. 

The post Cardano’s Supply Tightens as Whales Buy 190 Million ADA in 24 Hours – What Next? appeared first on BeInCrypto.

President Trump Will Reportedly Speak at the Digital Asset Summit

President Donald Trump is set to speak at the Digital Asset Summit (DAS) in New York on March 20. 

This is the first time a sitting US president will participate in a crypto conference.

Donald Trump to Make Historic Appearance at the Digital Asset Summit

Earlier this month, Donald Trump hosted the first-ever White House Crypto Summit. Although the community wasn’t particularly happy with the developments at the summit, it gave several significant updates on the US Bitcoin Reserve and the government’s current regulatory stance.

Reports indicate that Trump’s appearance may not be live. Some sources suggest he could deliver a pre-recorded message instead. 

Either way, this marks the first time an active US president is set to formally address a crypto conference. 

“Got some clarity on this — multiple sources on the ground at the DAS Conference tell me President Trump is/was planning to livestream into the conference at some point today or tomorrow to address the crowd. I’m told this may yet happen but could also be done via a taped recoding,” wrote Eleanor Terrett.

The summit will also feature key lawmakers, including Representatives Ro Khanna and Tom Emmer, alongside industry leaders such as MicroStrategy’s Michael Saylor and Ripple CEO Brad Garlinghouse.

Earlier today, Garlinghouse announced that the SEC dropped its appeal and XRP lawsuit against the firm in a landmark decision. 

The crypto market has shown signs of recovery this week. Earlier today, the Feds announced that it won’t hold any rate cuts currently. Yet, two more rate cuts are planned for later this year.

Trump’s address at DAS could have further implications. If he signals a more favorable regulatory approach to digital assets, the market could respond positively.

The post President Trump Will Reportedly Speak at the Digital Asset Summit appeared first on BeInCrypto.

Why Is Tron Price Up 7% Today?

Tron’s native cryptocurrency TRX is up by 7% today after founder Justin Sun announced plans to double down on building the meme ecosystem on the blockchain. this announcement was enough to push the Tron price higher with daily trading volumes surging 62% to more than $1.23 billion. Over the last two days. TRX has seen a sharp recovery of 15%, bouncing back from the support of $0.21.

Tron Price Rally to $1 Coming?

As Justin Sun prepares for the comeback of the meme coin ecosystem on the Tron blockchain network, analysts are predicting a Tron price rally to $1 and above. Popular crypto analyst Javon Marks has projected a bullish outlook for TRON (TRX) stating that the altcoin is preparing to hit its logarithmic-measured breakout target at $1.11.

Source: Javon Marks

Marks highlighted that TRON price trajectory suggests significant potential for gains, with an estimated 516% upside from current levels required to reach the predicted target. Last week Justin Sun also stated that TRX will hit new all-time highs very soon.

On the other hand, social analytics platform LunarCrush stated that the social and market activity on the Tron blockchain network has surged significantly following the TRX price surge. Tron now accounts for 1.05% of all crypto-related discussions, reflecting heightened community interest. TRON’s robust metrics highlight its growing prominence as both investors and the community focus on its upward momentum.

Source: LunarCrush

Tron DAO Meme Coin Frenzy Heating Up

Tron’s meme token ecosystem is experiencing a resurgence, fueled by confidence from Justin Sun, founder of the Tron blockchain. Yesterday alone, 122 new tokens were launched on the SunPump.meme platform, marking the first time in four months that daily launches exceeded 100.

To date, 95,573 tokens have been created, generating 36,374,191 $TRX in fees, equivalent to $5.74 million. Furthermore, the activity on the TRON DAO continues to soar, signaling a strong and growing interest in Tron’s meme token ecosystem.

Source: On-Chain Lens

Commenting on this development, Justin Sun wrote: The first rule of making memes on Tron: I will not personally profit a single cent from memes. Any losses will be fully covered by myself, and all proceeds will be donated.

Getting TRX to Solana

In another announcement, Justin Sun revealed plans to bring TRX, Tron’s native cryptocurrency, to Solana’s blockchain in the coming weeks. Although the announcement lacked specific details or a definitive timeline, it has sparked excitement among both TRX and Solana communities.

The post Why Is Tron Price Up 7% Today? appeared first on CoinGape.

Cryptocurrencies Price Prediction As Crypto Market Braces for Fed’s Interest Rate Decision, FOMC

Cryptocurrencies Price Prediction As Crypto Market Braces for Fed's Interest Rate Decision, FOMC

Cryptocurrencies price consolidated on Wednesday, with no significant gains or losses as traders awaited the Federal Reserve’s decision on interest rates. Bitcoin price fluctuated in the $82K to $83K range while Ethereum and XRP recorded a modest 1.5% and 0.4% gain, respectively. The total crypto market cap had also dropped by 1.4% to $2.8 trillion. This analysis explores how today’s FOMC meeting could impact crypto prices.

Cryptocurrencies Price In Focus Ahead of FOMC 

Today’s Federal Open Market Committee (FOMC) meeting will be a major price mover across the cryptocurrencies and stock markets. Despite last week’s CPI print showing that inflation has cooled to 2.8%, 99% of investors at the CME expect that Fed officials will leave interest rates unchanged. 

Analysts from Bank of America who spoke with Reuters noted that the March 19 FOMC meeting will be more about policy uncertainty, as Fed officials deliberate about whether inflation is on track to falling to the 2% target. 

With markets already pricing in zero rate cuts, the focus will be on the speech by Fed Chair Jerome Powell for clues on whether he has shifted to a more dovish stance. Per analyst Crypto Ideology,

“What truly matters isn’t just the rate decision, it’s Powell’s tone and the forward guidance. Markets will be watching for any hints on future cuts, especially with June and July meetings in sight. Hold or not, volatility’s guaranteed.”

Powell’s speech may also offer insights into how policymakers view Trump’s trade policies and tariff plans, which have caused economic uncertainty. The Bank of Japan has cited higher US tariffs as the main reason for keeping rates steady.

Crypto Market Forecast With Fed Likely to Maintain Hawkish Stance

If Powell’s speech and the FOMC minutes reveal a hawkish stance, it will most likely stir a decline in cryptocurrencies price. Moreover, with no bullish catalyst in sight and top analysts predicting that the bull market has ended, the bearish impact of zero rate cuts and Powell’s speech could extend into Q2 2025. 

Meanwhile, Polymarket odds of the Fed ending quantitative tightening by June 2025 have soared to 100%. CME also prices in a nearly 60 basis points rate cut by year-end, paving the way for crypto prices recovery in the second half of 2025. 

Popular analyst Crypto Rover notes that if Powell were to say something positive in his speech, it could cause a price explosion for stocks and cryptocurrencies. At the same time, trader Kale Abe says that,

“I just don’t see how FOMC can be bearish. The bearish situation is literally almost 100% priced in.” 

The Volmex Implied Volatility Index for Bitcoin and Ethereum has also dropped, indicating fewer speculative trades ahead of the FOMC report. This further proves that the market may have priced in the event. 

Cryptocurrencies Price Prediction As Crypto Market Braces for Fed's Interest Rate Decision, FOMC
Bitcoin & Ethereum Volatility Index

Therefore, it is likely that cryptocurrencies price might continue trading within a tight range or drop slightly after the FOMC meeting. However, the crypto market will do well in the long term as investors anticipate at least two rate cuts in 2025.

The post Cryptocurrencies Price Prediction As Crypto Market Braces for Fed’s Interest Rate Decision, FOMC appeared first on CoinGape.