Crypto Markets Surge as Fed Freezes Rates—Traders Cheer ’Risk-On’ Signal
Wall Street's favorite liquidity spigot stays wide open.
Digital assets rally while traditional markets yawn
Bitcoin and altcoins jumped 3-5% within minutes of the Fed's non-move—because nothing says 'healthy economy' like traders celebrating stagnation. Ethereum flirts with $4K as DeFi tokens outperform legacy stocks.
The Powell Put remains crypto's best friend
Another meeting, another confirmation: the Fed would rather eat its inflation target than let markets dip. Crypto whales keep stacking while pension funds pretend not to notice.
Bonus jab: Meanwhile in Washington, officials still can't decide if Bitcoin is a security, commodity, or threat to national security—but they'll keep collecting those capital gains taxes either way.
$154 (SOL) and more are discussed below.
ContentsWill Altcoins Rise?SOL Coin and Predictions
Will Altcoins Rise?
If the Fed does not cut rates, a bull run is unlikely in the NEAR future. Due to the postponed tariff start to August 1, the Fed is again unlikely to reduce rates this month, and the decision for September remains uncertain.
So, how does Gold signal for altcoins? Poppe shared a chart today and noted the following:
“A downward trend is observed in Gold prices. This suggests an increase in risk appetite. A good signal for altcoins’ rising potential.”
What does the decline in Gold indicate? It suggests increased risk appetite. The easing of tensions with Iran and the balance of war concerns brought this decline. However, when Gold rises, experts mentioned that the positive correlation between Bitcoin
$109,095 and Gold could lead to a rise in altcoins. Nonetheless, predicting the future in crypto markets is mostly guesswork, often leading to misjudgments without magical crystal balls.
“Gold surged liquidity above two significant peaks and is gearing for a rapid decline. To avert this decline, it needs to rise above $3,365. If not, it could drop to $3,200 and possibly to a new low of $3,080. This WOULD mark the end of a bullish trend and the beginning of a long-term correction that enhances risk appetite.” – Poppe
SOL Coin and Predictions
Solana (SOL) is gearing up for a new MOVE at $154. The SSK code’s first spot ETF was listed last week on the exchange. Receiving a $20 million inflow in three trading days, the ETF saw a remarkable $21 million inflow in a single day yesterday. If the pace continues, the fund’s size could rapidly surpass the $100 million threshold.
Referring back to the chart, Lark Davis suggests that the downtrend line is being challenged and closures above this threshold could lead to testing the $165-180 range. Beyond this, targets include $188 and $203.
