Ethereum (ETH) price prediction is now front and center after a record $1.02B in ETF inflows pushed ETH to $4,293, just 15% from its all-time high. Chainlink (LINK) bullish trend is gaining pace after breaking multi-month resistance, hinting at a potential 60% upside and new long-term highs. But the most disruptive play may not be live on exchanges yet. Cold Wallet (CWT) , in Stage 17 of its presale at $0.00998, already has over 2 million users from its $270M Plus Wallet acquisition. With Stage 1 starting at $0.007 and a confirmed $0.3517 listing, its built-in market gives it a sharper ROI profile than ETH or LINK. Ethereum’s $1B ETF Surge Puts $4,800 in Sight Ethereum is trading near $4,293 after a record $1.02 billion flowed into spot ETH ETFs in a single day, led by BlackRock’s $640 million purchase of 150,000 ETH. Fidelity and other funds also joined the buying spree, pushing total ETF inflows to $10.8 billion. This marks Ethereum’s highest price level in over two years and places it just 15% below its all-time high from November 2021. On-chain data shows exchange-held ETH at a nine-year low, hinting at reduced sell pressure. The technicals point to strong momentum, with resistance at $4,352 and targets up to $4,800. If institutional demand holds, Ethereum could be positioned for a breakout, making it a candidate for investors watching the next market leader. Could $50 Be Next for Chainlink? Chainlink is showing strength today, with prices climbing past long-held resistance and hinting at a possible 60% move. Its recent breakout, combined with shrinking supply and growing demand, has pushed LINK through a downward trend that held it back for months. Chainlink’s real-world connections are also expanding. A new partnership with the Intercontinental Exchange (ICE) means financial-grade data now extends to the blockchain, expanding Chainlink’s reach beyond DeFi. If the current momentum holds, the analysts say LINK could aim for roughly $26 short term, surge to $31–$32 over a few months, and potentially reach $35–$36 longer term. Those watching for the next big move might want to consider Chainlink; its technicals and utility suggest the upside is strengthening. Cold Wallet Presale Locks $6M With Millions of Users Cold Wallet is rewriting how crypto launches happen. Instead of raising funds and scrambling for adoption later, it is entering the market with more than 2 million users already in place, thanks to its $270M acquisition of Plus Wallet. This user base, combined with a fully functional cashback utility, means Stage 17’s $0.00998 price is more than an early entry; it is a ticket into a launch-ready ecosystem. Since Stage 1, when Cold Wallet was priced at just $0.007, each presale stage has inched closer to the confirmed $0.3517 launch price. That creates a shrinking ROI window for new buyers. With $6M already secured and over 700 million tokens sold, demand is clearly outpacing supply. Unlike speculative projects still searching for traction, Cold Wallet offers immediate utility. Every transaction, swap, or transfer through the wallet turns network activity into cashback rewards. The presale is not about proving interest; it is about scaling an existing user economy before listing. At the current pace, the remaining stages will not last long. Those waiting for post-launch access may find the best upside already gone. For anyone seeking a crypto entry with built-in adoption, Cold Wallet’s timing could be the decisive edge. Cold Wallet’s Presale Edge Could Outrun ETH and LINK Gains Ethereum (ETH) price prediction charts point toward $4,800, and the Chainlink (LINK) bullish trend is stacking partnerships to fuel further growth. Yet both remain bound by market volatility. Cold Wallet, priced at $0.00998 in Stage 17, offers a 3,423% upside to its $0.3517 launch; and unlike ETH or LINK, it enters with a preloaded user base and live cashback utility. This is not a speculative roadmap, but a functioning product scaling ahead of listing. While ETH and LINK may deliver strong gains, Cold Wallet’s early-stage entry and product-market fit could give it a faster, more certain path to exponential returns. Explore Cold Wallet Now: Presale: https://purchase.coldwallet.com/ Website: https://coldwallet.com/ X: https://x.com/coldwalletapp Telegram: https://t.me/ColdWalletAppOfficial The post Cold Wallet Presale Nears $6M as Ethereum (ETH) Price Prediction Targets $4,800 & Chainlink (LINK) Eyes 60% Surge appeared first on TheCoinrise.com .
Ethereum Nears ATH, PI Eyes 30%, but Cold Wallet’s Security and 4,900% Potential Lead Long-Term Bets The latest Ethereum price surge has put the market on alert as ETH edges within reach of its all-time high. Technical indicators suggest that momentum could continue, with strong buying volume underpinning the rally. While traders focus on potential breakouts, seasoned investors are looking beyond short-term moves toward assets and tools that offer lasting value. At the same time, PI has entered a bullish channel, with analysts eyeing a potential 30% rally from current levels. This has raised questions about which crypto will explode next. While both ETH and PI offer upside, Cold Wallet’s security-driven ecosystem is making a strong case for being the smarter choice for investors who value protection alongside potential profit. Ethereum Maintains Strong Momentum Near Record Levels The Ethereum price surge has drawn attention from institutional and retail investors alike. With ETH trading within $200 of its all-time high, sentiment remains bullish. Standard Chartered’s updated Ethereum price target points to further gains as network activity and staking participation continue to rise. Increased on-chain activity and reduced exchange balances are often seen as bullish signals, suggesting that holders are committed to keeping ETH off the market. Layer-2 adoption has also contributed to this momentum, as faster and cheaper transactions attract more decentralized applications to the Ethereum ecosystem. This could accelerate network growth, pushing the Ethereum price surge even further. While analysts debate which crypto will explode in the coming quarter, Ethereum’s established position and proven utility make it a key watch for long-term portfolios. Pi Network Builds Bullish Case for Gains Pi Network is turning heads with its recent breakout from a descending channel. Traders believe this could be the start of a significant rally, with targets set for a 30% upside. While Pi’s unique mining model and large community give it a strong foundation, questions remain about its liquidity and broader market integration. Analysts tracking which crypto will explode note that PI’s growth potential depends heavily on its ability to transition from community hype to real-world adoption. Technical patterns show promising signs, but the asset will need sustained demand to maintain upward momentum. If these bullish signals hold, Pi could be one of the altcoins to watch alongside the Ethereum price surge and other top movers. Cold Wallet: Lockdown-Level Security Meets Growth Potential While traders chase short-term gains from assets like ETH and PI, Cold Wallet is positioning itself as a long-term powerhouse in both security and utility. Built with a self-custodial framework, Cold Wallet ensures users maintain full control over their private keys, delivering cold-storage-level security without sacrificing accessibility. The platform offers multi-signature approvals, meaning large transfers or treasury moves can only be completed with authorization from multiple parties. For DAOs, corporate accounts, or shared investment pools, this adds a vital layer of governance. Alongside this, time-locked transactions allow users to add a deliberate delay before funds move, creating an extra safeguard against mistakes or unauthorized transfers. Perhaps the standout feature is emergency wallet lockdown. With a single tap, all transactions are frozen, instantly halting any suspicious activity. This function can be critical during phishing attacks, compromised device scenarios, or sudden security breaches. From an investment standpoint, Cold Wallet is in Stage 17 of its presale with a current price of $0.00998. Over 716.99 million coins have been sold, raising $6.1 million. With a projected ROI of 50×, it has captured the attention of investors asking which crypto will explode in 2025. Combining top-tier security with significant upside potential, Cold Wallet is carving its position as both a protective tool and a wealth-building asset. The Final Verdict The Ethereum price surge and Pi’s bullish setup prove there’s no shortage of opportunities in crypto. Ethereum’s proximity to its all-time high and Pi’s potential 30% move will keep them in focus for traders. However, neither offers the built-in protection or tailored safety features of Cold Wallet. For those wondering which crypto will explode, the answer may not be limited to traditional tokens. Cold Wallet’s combination of biometric access, multi-signature security, time-locked transactions, and emergency lockdown capabilities makes it a unique contender in the race for both growth and safety. While markets chase the next Chainlink price surge, long-term investors may find their smartest move is locking in security and ROI potential with Cold Wallet. Explore Cold Wallet Now: Presale: https://purchase.coldwallet.com/ Website: https://coldwallet.com/ X: https://x.com/coldwalletapp Telegram: https://t.me/ColdWalletAppOfficial Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
The Federal Reserve said it would sunset a program specifically to monitor banks’ digital assets activities and would integrate them back into its “standard supervisory process.”
Summary 2x XRP ETF offers 2x daily exposure to Ripple USD via futures, making it suitable only for short-term trading, not long-term investment. Due to daily resets and compounding, holding XRPT longer than one day can lead to value decay and performance divergence from the 2x target. XRPT has decent liquidity and a lower expense ratio than peers, but spread risk and short-term tax implications must be considered. Leveraged ETFs like XRPT amplify both gains and losses. Strict risk management and clear trading mandates are essential for traders. Volatility Shares' 2x XRP ETF ( XRPT ) is a leveraged strategy designed to provide traders with 2x the daily performance of Ripple (XRP-USD). Because this is a leveraged strategy, XRPT should only be used for daily exposure and should not be considered as a long-term investment vehicle. XRP Background XRP is one of the most heavily traded cryptocurrencies , with recent volumes being in the $11b per day range. XRP Ledger was launched in 2012 as an open-source, permissionless, and decentralized technology designed to enhance transaction speed. XRP has historically received substantial support across financial institutions, aiming to enhance efficiency, reduce transaction time, and offer an alternative for international payment services. XRP recently had a major win against a 2020 legal case brought by the SEC. On August 7, 2025, the lawsuit was abandoned with a $125mm fine to the SEC. XRPT Features XRPT is a leveraged strategy designed to provide 2x the daily performance of XRP. This strategy executes this by investing in XRP futures, providing investors with 200% exposure. Futures are settled on a daily basis, meaning that profits and losses determine margin requirements at the end of each trading. If losses mount, the counterparty may request additional collateral in good faith of covering at settlement. As a result of daily settlement, performance will reset on a daily basis, making performance metrics meaningful on a daily basis. This is reflected in XRPT as an investment vehicle in which performance is reset on a daily basis. This means that returns can be compounded over time, resulting in returns above or below the 2x daily performance target. For this reason, XRPT should only be held for no longer than a single trading period. Holding periods longer than a single trading day can also result in value decay. TradingView Comparing the 1-month performance between XRPT and XRP, XRP substantially outperformed XRPT in terms of total returns. Because of the daily reset, returns over long periods of time will not reflect the indicated target return profile. This means that during periods of significant price increases or decreases, XRPT can substantially deviate in terms of performance, resulting in differentiated returns. Comparing daily performance, XRPT may not achieve its target 2x daily performance depending on trading volumes and volatility. There may be other underlying factors at play relating to the pricing of the futures contracts that may also impact the pricing of the ETF. TradingView Nonetheless, there may be periods where XRPT returns exceed those of XRP. TradingView Looking at liquidity, XRPT is a relatively small portfolio strategy with $125mm in assets under management, with an average of 573k shares changing hands on a daily basis. Despite the strong liquidity, XRPT exhibits some spread risk, or cost-in/cost-out, with a 24 bps spread. The strategy has a relatively low expense ratio of 94 bps. By comparison, peer strategy Teucrium 2x Long Daily XRP ETF ( XXRP ) has a relatively larger fee of 189 bps. Despite the higher expense ratio, XXRP may provide traders with significantly more depth with $462mm in AUM and an average trading volume of 1.11mm shares. Risks Related to Leveraged Strategies There are inherent risks in investing in leveraged strategies. Because these strategies are meant to achieve their stated multiple over the underlying index on a daily basis, holding these strategies beyond a single day can lead to skewed performance, especially following consecutive days of upside or downside risk. This can lead to a compounding effect as well as value decay as a result of the daily reset in the derivatives positions. Leveraged strategies also add an extra layer of risk to amplified downside potential. For example, if the underlying index were to appreciate by 2% in a single day, a 3x strategy would appreciate by 6%, meaning that an investment of $100 would increase to $106. If the following day results in a -2% decline in the underlying index or a -6% decline in the leveraged strategy, the investment will decline to $99.64. Holding leveraged strategies for longer than a single day can lead to a compounding effect on one’s position, potentially leading to significant skews from the intended multiplier. During multiple days of downside risk, an investor can experience significant value decay, potentially resulting in the inability to recover losses. Liquidity must be considered prior to investing in a leveraged fund strategy. Given that these funds are designed to be traded daily, trading volumes must be considered to ensure that cost-in/cost-out isn’t deteriorated by spreads. Traders must also consider additional taxes on short-term capital gains as well as trading fees prior to considering a leveraged trading strategy. You can review additional risks here and here . Before making a trading or investment decision in leveraged strategies, be sure to fully understand your risk profile and set a trading mandate to manage these risks. I believe preemptively setting parameters for selling out of a position is prudent in ensuring that an investor appropriately manages downside risk. Final Thoughts XRPT can be an appealing strategy for traders seeking amplified exposure to the daily performance of XRP. Because XRPT is a leveraged strategy, this ETF should only be used for daily exposure.
BitcoinWorld Ethereum Unstaking: Decoding the Growing ETH Queue The world of cryptocurrency is always buzzing with activity, and right now, a significant development is unfolding on the Ethereum network. Many in the crypto community are closely watching the growing queue for Ethereum unstaking . This process is crucial for the health and liquidity of the network, and understanding its dynamics offers valuable insights into Ethereum’s evolving Proof-of-Stake ecosystem. Understanding the Ethereum Unstaking Queue Currently, a substantial amount of Ether (ETH) is in line to be withdrawn from the network. This queue reflects the ongoing activity of validators adjusting their staked positions. Here’s a snapshot of the current situation: Significant Unstaking Demand: A remarkable 831,056 ETH are presently awaiting unstaking on the Ethereum Proof-of-Stake (PoS) network. Extended Wait Times: Unstaking these funds is not an instant process; it is expected to take over 14 days to complete, according to data from validatorqueue.com . Balancing Act: Conversely, 355,919 ETH are awaiting staking, indicating a healthy interest in joining the network’s validation process. Staking is a quicker process, typically taking over 6 days to complete. Network Scale: The Ethereum network currently boasts 1,085,264 active Ethereum validators, collectively securing the blockchain with approximately 35.6 million ETH staked. These figures highlight a dynamic environment where large volumes of ETH are constantly moving in and out of the staking mechanism, directly impacting the ETH unstaking queue . What Drives Ethereum Staking and Unstaking? Ethereum staking is a fundamental component of the network’s security and operation under its Proof-of-Stake consensus mechanism. Individuals and entities stake their ETH to become validators, earning rewards for verifying transactions and proposing new blocks. This system replaced the energy-intensive Proof-of-Work model, making Ethereum more sustainable. However, participants also need the flexibility to withdraw their staked assets. Unstaking allows validators to exit the network, access their funds, or reallocate their capital. The presence of an ETH unstaking queue ensures network stability by preventing a sudden, large-scale withdrawal that could compromise security. It’s a carefully designed throttle to maintain equilibrium. Navigating the ETH Unstaking Queue: Challenges and Insights The length of the ETH unstaking queue directly impacts liquidity for validators. A longer queue means a longer wait to access funds, which can influence investment decisions. While a queue is a necessary mechanism, its size is often a topic of discussion within the community. Observing these queue lengths provides valuable insights into validator behavior and overall network sentiment. A consistently long unstaking queue might suggest validators are taking profits or re-evaluating their commitments, while a balanced queue indicates healthy participation and a stable ecosystem for Proof-of-Stake Ethereum . The Role of ETH Validators in Network Security ETH validators are the backbone of the Ethereum network. They are responsible for processing transactions, creating new blocks, and maintaining the integrity of the blockchain. Their commitment of staked ETH acts as a security deposit, ensuring they act honestly and in the best interest of the network. Any malicious behavior can lead to “slashing,” where a portion of their staked ETH is forfeited. The robust number of over a million validators and 35.6 million ETH staked demonstrates the strong confidence and decentralized nature of the network. This collective effort secures billions of dollars in value and supports a vast ecosystem of decentralized applications. The Future of Proof-of-Stake Ethereum The transition to Proof-of-Stake Ethereum was a monumental achievement, significantly reducing the network’s energy consumption and paving the way for future scalability upgrades. The current dynamics of the Ethereum unstaking and staking queues are natural parts of a maturing system. They reflect the constant ebb and flow of participants, all contributing to a more secure and efficient blockchain. As the network continues to evolve, these metrics will remain key indicators of its health and the confidence of its participants. The transparent nature of these queues, publicly available through tools like validatorqueue.com , empowers users and stakeholders to monitor the network’s operational status in real-time. Conclusion: A Dynamic Ecosystem in Motion The substantial amount of ETH awaiting unstaking and staking underscores the vibrant and dynamic nature of the Ethereum network. While the ETH unstaking queue requires patience, it is a testament to the network’s robust design, ensuring stability and security. As Ethereum continues its journey, understanding these fundamental mechanics is crucial for anyone engaging with this revolutionary blockchain. The network is not just about transactions; it’s about a community of validators and users collectively building the future of decentralized finance. Frequently Asked Questions About Ethereum Staking and Unstaking What is Ethereum staking? Ethereum staking involves locking up your ETH to help secure the network and validate transactions, in return for earning rewards. It’s a core part of Ethereum’s Proof-of-Stake consensus mechanism. Why is there an ETH unstaking queue? The ETH unstaking queue is a built-in mechanism designed to manage the flow of withdrawals. It prevents sudden large-scale unstaking events that could destabilize the network and ensures an orderly exit process for validators. How long does Ethereum unstaking take? Based on current network conditions, unstaking ETH can take over 14 days. The exact time depends on the size of the Ethereum unstaking queue and network activity. What is a validator on Ethereum? An Ethereum validator is a participant who has staked 32 ETH and runs validator software to propose and attest to blocks on the blockchain, helping to secure the network and earn rewards. Is the long unstaking queue a concern for Ethereum’s health? Not necessarily. While a long queue means longer wait times, it also indicates significant activity and participation. The system is designed to handle these queues to maintain network stability, showcasing the resilience of Proof-of-Stake Ethereum . Found this deep dive into Ethereum’s staking and unstaking queues insightful? Share this article with your network and help others understand the fascinating dynamics of the world’s second-largest cryptocurrency! To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum’s future price action. This post Ethereum Unstaking: Decoding the Growing ETH Queue first appeared on BitcoinWorld and is written by Editorial Team
Ethereum ETFs topped Bitcoin inflows for a fifth day as corporate treasuries continue to accumulate ETH and exchange supply falls.
A clean neckline break has flipped the script on $WIF. On August 15, the memecoin completed a textbook head-and-shoulders pattern, breaking below $0.94 and setting sights on $0.65, a bearish shift that threatens to erase weeks of bullish momentum. While whale inflows and new validator developments fueled earlier momentum, the asset’s price movement now reflects growing selling pressure and fading bullish strength. Without a strong recovery above resistance, $WIF may remain under pressure as sentiment shifts defensively across the meme token landscape. Source: CoinGecko Beyond the Beanie: Why WIF’s Whale Accumulation and New Utility Could Indicate a Bullish Rebound The original pink knitted hat worn by Achi, the Shiba Inu mascot of $WIF, sold for 6.8 BTC (approximately $800,000) on the Bitcoin Ordinals marketplace, Ord City. Bags founder Finn placed the winning bid, pledging to “return it to the community.” aaaannnd SOOOLLLLD to @finnbags #Finnwifhat pic.twitter.com/d7i8MYP7S2 — ordcity (@ordcity) August 7, 2025 While $WIF cooled off, Solana’s memecoin spotlight shifted to rivals like $BONK and newcomers such as Pepeto. The shift in attention shows how rapidly narratives evolve in the meme sector, making sustained relevance a constant challenge. Despite the recent price drop, on-chain data presents a compelling narrative of growing fundamental support for $WIF. In July, whales actively accumulated the token, adding a substantial $39 million worth of $WIF to their holdings. This accumulation is particularly noteworthy given that the top 100 addresses control over 771 million tokens. $WIF now leads in whale inflows . Woww, a $39,613,272 total whale inflow came through in the past month Forming that beautiful bottoming price action too, $WIF is seriously in for a blockbuster run soon enough As for the trend line on $WIF , check the GPT quote and you’ll see the 3rd touch usually breaks… pic.twitter.com/Ja3dM0WbJ9 — sk (@skmakeit) August 9, 2025 A 2% decrease in exchange balances over the past 30 days further reinforces the idea that large holders are moving tokens off exchanges for long-term storage, a traditionally bullish sign that reduces immediate selling pressure. Source: SOLSCAN This whale behavior, combined with the fact that $WIF’s holder count has now surpassed 250,000, highlights growing community adoption. While $WIF’s value is deeply rooted in its meme status, the project is taking steps to add a layer of utility. In a major move, DeFi Development Corp announced the launch of the Official DogWifValidator—DFDV Powered validator, allowing holders to earn a share of validator-generated revenue (after operational costs). This marks a shift toward utility for the meme coin, leveraging Solana’s proof-of-stake mechanics. Wen validator? Now validator. The "Official DogWifValidator – DFDV Powered" validator is now LIVE. Stake with @dogwifcoin & @defidevcorp 50/50 rewards with the $WIF community speed, security, memes Institutions run infra. Degens run vibes. We run both. pic.twitter.com/DiSX8V3bvG — DeFi Dev Corp. (DFDV) (@defidevcorp) August 13, 2025 Through all the price swings, $WIF has maintained strong visibility and trading support. The token enjoys listings on major centralized exchanges like Bybit, OKX, and HTX. This multi-platform presence not only supports healthy trading volume but also helps stabilize market behavior during volatility. Analysts suggest a consolidation for a bullish breakout to $2. Dogwifhat $WIF consolidating in a triangle. Bullish breakout to $2 in play! pic.twitter.com/ZVb8kk3ZM3 — Ali (@ali_charts) August 15, 2025 $WIF Faces Breakdown Risk After Topping Formation and Sustained Selling Pressure $WIF’s recent trend has shifted from bullish to potentially bearish, with a textbook head-and-shoulders pattern forming on the 4-hour chart. This pattern has a peak (formed in the shape of a “head”) joined by two lower peaks, otherwise known as the “shoulders.” A neckline connects the troughs between the peaks. A break below this neckline confirms the reversal. $WIF/USDT price chart, August 15 (Source: TradingView) As observed in the chart, $WIF’s trend reversal is further validated by a clean neckline break around $0.94, setting the stage for a projected move toward the $0.65–$0.66 area. Price has now retested the underside of that neckline but has failed to reclaim it convincingly. The volume chart also displays aggressive sell deltas, especially during the breakdown and the subsequent attempt to bounce. Cumulative delta remains negative, with multiple 4-hour candles printing high sell imbalances, particularly at market lows, a sign that bears remain active and are absorbing bullish attempts. $WIF/USDT volume footprint, August 15 (Source: TradingView) In addition, the RSI hovers just above 40, avoiding oversold extremes but suggesting waning bullish momentum. The MACD histogram continues to decline below the baseline with a flattening signal line crossover, further reflecting a loss of upward momentum. With the 20-period SMA now trending below the 100-period SMA, the short-term bias has turned bearish. Price also remains trapped below both moving averages, adding weight to the downside case. For bulls to invalidate this breakdown, WIF would need to reclaim the $0.94–$0.96 range with strong volume and positive delta shifts. Until then, downside continuation remains the likely path. If the projected target of the head and shoulders formation plays out, the next key levels of interest lie around $0.80 for interim support, and eventually $0.65 as the measured move completes. Traders should monitor volume reactions at each support test to gauge potential absorption or capitulation. The tone of trade has turned defensive, and unless bulls step in with conviction, WIF may continue retracing deeper. The post Dogwifhat ($WIF) Faces 3.6% Dip but Whale Inflows, and Validator Launch Hint at $2 Breakout appeared first on Cryptonews .
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Bitcoin's price hits new lows, worrying investors. The cryptocurrency market remains volatile amid economic uncertainties. Continue Reading: Bitcoin Faces Uncertainty As Cryptocurrency Markets Brace for Trump’s Statements The post Bitcoin Faces Uncertainty As Cryptocurrency Markets Brace for Trump’s Statements appeared first on COINTURK NEWS .
This week, Bitcoin (BTC) and other cryptocurrencies were closely monitoring critical economic data from the US. The US Consumer Price Index (CPI) data was released first, followed by the Producer Price Index (PPI). Higher-than-expected US PPI figures shook global markets, including cryptocurrencies, overnight. PPI data show that tariff-related cost pressures are being passed on to consumers faster than expected, increasing the risk of inflation. While the data negatively impacted crypto markets, Singapore-based analytics platform QCP Capital said that the US PPI figures caused a brief pullback in cryptocurrencies, but Bitcoin's uptrend remained intact. QCP analysts said the better-than-expected PPI data shook the crypto market, strengthened the US dollar, and pushed up Treasury yields. US stocks held firm. Analysts also noted that the CPI data released earlier this week supported expectations of a larger Fed rate cut in September, but the higher PPI data largely eliminated the possibility of a 50 basis point cut, lowering the probability of a 25 basis point cut to 90%. The probability of leaving interest rates unchanged has begun to be priced in at 9.4%. Analysts recently said that the PPI data, which came in above expectations, strengthened the dollar and yields, leading to a brief pullback in cryptocurrencies, but the upward trend in Bitcoin and cryptocurrencies that began in April continues robustly, supported by increasing institutional adoption. *This is not investment advice. Continue Reading: Is Bitcoin (BTC) and Altcoins Bullish After the PPI-Driven Drop? QCP Capital Explains!