A pseudonymous crypto trader, Stockmoney Lizards, has predicted Bitcoin’s price to reach $200,000 to $260,000 by September to October 2025, citing bullish indicators like a recent Fed rate cut and rising ETF investment in Bitcoin.
Results for: Fed Rate Cut
Bitcoin’s correction ends, but it needs to break a key resistance level to hit $70,000. The Fed’s aggressive rate cut fuels crypto demand, pushing Bitcoin, Ethereum, and Dogecoin higher. Meanwhile, memecoins like Dogwifhat and Bonk are outperforming Dogecoin and Shiba Inu. Top traders are bullish on Bitcoin, but warn about a potential hard landing in the stock market.
Despite a recent rally fueled by the Fed’s rate cut, the market mood has shifted, with index futures sliding early Friday. This volatility is expected to continue as the triple witching phenomenon approaches, a quarterly event that sees a massive amount of options expire, leading to increased market activity and heightened volatility. While some analysts remain optimistic about the Fed’s rate cut, concerns persist about a potential hard landing, fueled by economic uncertainty and recent earnings reports. The focus now shifts to upcoming economic data and the potential impact of the Fed’s rate cut on the broader market.
Shares of Core Scientific, a Bitcoin mining company, jumped over 20% in the past week, driven by anticipation of a Federal Reserve interest rate cut and the company’s ambitious AI data center expansion plans. The Fed’s decision to lower rates, boosting risk assets like stocks and cryptocurrencies, further fueled the rally.
Cryptocurrency markets traded relatively flat following the Federal Reserve’s announcement of a 50-basis-point interest rate cut. Bitcoin attempted to break through a key trend line, with a close above $61,500 potentially signaling a bullish continuation. Meanwhile, institutional interest in Bitcoin continues to grow, with ETFs buying more than 100% of newly mined BTC.
Enphase Energy, a leading provider of solar energy solutions, is seeing its stock rise after the Federal Reserve cut interest rates. Lower interest rates make solar projects more affordable, potentially boosting demand for Enphase’s products. This article explores the impact of the Fed’s decision on Enphase and examines whether the stock is a good investment opportunity.
Goldman Sachs has reaffirmed its bullish outlook on gold, citing increased central bank demand and expectations of a Fed rate cut. However, the investment bank downgraded its iron ore price forecast due to oversupply concerns despite stabilizing demand from China.
US stock markets closed with a mixed performance on Wednesday, driven by a cooling labor market and speculation about a potential Fed rate cut. The S&P 500 and Nasdaq dipped, while the Dow edged higher. Global markets displayed varied performance, with Asian indices showing mixed results and European markets mostly declining. Commodity prices saw mixed movement, with crude oil rebounding from multi-month lows but gold and silver experiencing gains.
This week in India, the IPO market is thriving with six new public issues scheduled. Meanwhile, experts weigh in on the impact of the Fed rate cut on gold prices, which have been declining in September. Heavy rainfall continues to batter coastal Andhra Pradesh and Telangana, leading to evacuations and casualties.