Bitcoin eyes breakout toward ATH as 50bps Fed rate cut odds climb to 17%Why a $21 million bet says the Fed could shock crypto markets with a 50 bps rate cut.
Happy Thursday!Bitcoin is gearing up for a potential breakout toward its all-time high as odds rise for a 50 basis point Fed rate cut, while the SEC delays key ETF decisions tied to staking and altcoins, including BlackRock’s Ethereum and Franklin Templeton’s XRP and Solana proposals. Meanwhile, Binance Coin hits a new record of $907, boosted by a partnership with Franklin Templeton focused on tokenization. Stay informed on these pivotal market moves today. Ad: 🚀 TRADE Stocks and Crypto — GET $50 WHEN YOU DEPOSIT on Nemo: Download now The global crypto market cap is $3.97 trillion, with a 24-hour volume of $157.6 billion. The price of Bitcoin is $114,516.27, and BTC market dominance is 57.5%. The price of Ethereum is $4,432.20, and ETH market dominance is 13.5%. The best-performing sector is Cannabis, which gained 31%. The Crypto Fear & Greed Index is currently Neutral (54). 📰 Top News
Bitcoin eyes breakout toward ATH as 50bps Fed rate cut odds climb to 17%Why a $21 million bet says the Fed could shock crypto markets with a 50 bps rate cut. SEC delays decisions on several ETFs tied to staking and altcoinsThe decisions postponed BlackRock's Ethereum staking proposal alongside Franklin Templeton's spot XRP and Solana ETF applications. BNB hits new all-time high of $907 amid Binance partnering with Franklin Templeton for tokenizationBNB posted 29% gains in 2025 alone and 191% growth since 2024, establishing itself as the standout performer among major altcoins from the 2017 cycle.
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Bitcoin eyes breakout toward ATH as 50bps Fed rate cut odds climb to 17%