positive
Bitcoin, Ethereum, XRP show recovery momentum after sharp selloff
Cryptocurrencies rebounded today as traders responded to dovish signals from the U.S. Fed and broad market relief. Bitcoin climbed ~1.1%, Ethereum ~4.8%, and XRP ~2.3%, recovering from earlier weakness. The rally drew back investors from safe havens into risk assets. Forward markets now price ~93% probability of a half-point rate cut by year end. The uptick suggests resilience in crypto flows despite macro headwinds.
Tags:
- crypto
- markets
Barron's• By Harsh Ranjan
Explore:Mutual Fund Tools
positive
Bitcoin, Ethereum, XRP show recovery momentum after sharp selloff
Cryptocurrencies rebounded today as traders responded to dovish signals from the U.S. Fed and broad market relief. Bitcoin climbed ~1.1%, Ethereum ~4.8%, and XRP ~2.3%, recovering from earlier weakness. The rally drew back investors from safe havens into risk assets. Forward markets now price ~93% probability of a half-point rate cut by year end. The uptick suggests resilience in crypto flows despite macro headwinds.
Tags:
- crypto
- markets
Barron's• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
1 min read
64 words
Crypto rallies: Bitcoin, Ethereum, XRP rise after market relief and dovish Fed cues.
Cryptocurrencies rebounded today as traders responded to dovish signals from the U.S. Fed and broad market relief. Bitcoin climbed ~1.1%, Ethereum ~4.8%, and XRP ~2.3%, recovering from earlier weakness. The rally drew back investors from safe havens into risk assets. Forward markets now price ~93% probability of a half-point rate cut by year end. The uptick suggests resilience in crypto flows despite macro headwinds.
Cryptocurrencies rebounded today as traders responded to dovish signals from the U.S. Fed and broad market relief. Bitcoin climbed ~1.1%, Ethereum ~4.8%, and XRP ~2.3%, recovering from earlier weakness. The rally drew back investors from safe havens into risk assets. Forward markets now price ~93% probability of a half-point rate cut by year end. The uptick suggests resilience in crypto flows despite macro headwinds.
Tags:
- crypto
- markets
- crypto
- markets
- rebound
- Ethereum
- Bitcoin